World Company expects to operate at 80% of its productive capacity of 60,000 units per month. At this planned level, the company expects to use 26,400 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate of 0.550 direct labor hours per unit. At the 80% capacity level, the total budgeted cost includes $39,600 fixed ovem e ad ostand $36,800 varlable overhead cost. In the current month, the company Incurred $353,000 actual overhead and 23,400 actual labor hours while producing 45,000 units. (1) Compute the overhead volume variance. (2) Compute the overhead controllable varlance. Complete this question by entering your answers in the tabs below Required 1 Required 2 Compute the overhead volume variance. Classify as favorable or unfavorable. (Round "OH costs per DL hour" to 2 decimal places.) Fixed Overhead Applied Fixed OH per DL hr Standard DL hours Fixed Overhead applied 1.50 87,360 Volume Variance Volume variance Required 1 Required 2>