World Company expects to operate at 80% of its productive capacity of 65,000 units per month. At this planned level, the company expects to use 33,800 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.650 direct labor hours per unit. At the 80% capacity level, the total budgeted cost includes $64,220 fixed ovemead cost and S49120 varlable overhead cost. In the current month, the company Incurred $483,000 actual overhead and 30,800 actual labor hours while producing 49,000 units. (1) Compute the overhead volume varlance. (2) Compute the overhead controllable varlance. Complete this question by entering your answers in the tabs below Required 1Required 2 Compute the overhead volume variance. Classify as favorable or unfavorable. (Round "OH costs per DL hour" to 2 decimal places.) Fixed Overhead Applied ixed OH per DL hr. Standard DL hours Fixed Overhead applied 1.90 Volume Variance otal fixed overhead applied otal budgeted fixed OH 64,220 Volume variance Required 2> Required 1Required 2 Compute the overhead controllable variance. Classify as favorable or unfavorable. Total actual overhead Flexible budget overhead Overhead controllable variance Required 1 Required2 World Company expects to operate at 80% of its productive capacity of 65,000 units per month. At this planned level, the company expects to use 33,800 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.650 direct labor hours per unit. At the 80% capacity level, the total budgeted cost includes $64,220 fixed ovemead cost and S49120 varlable overhead cost. In the current month, the company Incurred $483,000 actual overhead and 30,800 actual labor hours while producing 49,000 units. (1) Compute the overhead volume varlance. (2) Compute the overhead controllable varlance. Complete this question by entering your answers in the tabs below Required 1Required 2 Compute the overhead volume variance. Classify as favorable or unfavorable. (Round "OH costs per DL hour" to 2 decimal places.) Fixed Overhead Applied ixed OH per DL hr. Standard DL hours Fixed Overhead applied 1.90 Volume Variance otal fixed overhead applied otal budgeted fixed OH 64,220 Volume variance Required 2> Required 1Required 2 Compute the overhead controllable variance. Classify as favorable or unfavorable. Total actual overhead Flexible budget overhead Overhead controllable variance Required 1 Required2