World Company expects to operate at 80% of its productive capacity of 70,000 units per month. At this planned level, the company expects to use 25,200 standard hours of direct labor. Overhead is allocated to products using a predetermined standard rate based on direct labor hours. At the 80% capacity level, the total budgeted cost includes $57,960 fixed overhead cost and $322,560 variable overhead cost. In the current month, the company incurred $386,000 actual overhead and 22,200 actual labor hours while producing 53,000 units.

Compute the overhead volume variance. (Round all your intermediate calculations to 2 decimal places.)

Fixed Overhead Applied
Fixed OH per DL hr.
Standard DL hours	23,850
Fixed Overhead applied	$54,855
Volume Variance
Total fixed overhead applied	$54,855
Total budgeted fixed OH
Volume variance		Unfavorable

Compute the overhead controllable variance.

Total actual overhead
Flexible budget overhead
Fixed
Variable
Total		0
Overhead controllable variance