The normal capacity of Laurel Corporation's Department 3 is 6,000 direct labor hours per month. At normal capacity, the standard factory overhead rate is $22 per direct labor hour, based on $96,000 of budgeted fixed cost per month and a variable rate of $6 per direct labor hour. During November, the department operated at 5,600 direct labor hours, with actual factory overhead of $ 130,000. The number of standard direct labor hours allowed for the production actually attained is 5,700.
Required:
Compute the overall factory overhead variance and the controllable and volume variances. Indicate whether the variances are favorable or unfavorable.