Fogel Co. expects to produce 116,000 units for the year. The companys flexible budget for 116,000 units

Question:

Fogel Co. expects to produce 116,000 units for the year. The company’s flexible budget for 116,000 units of production shows variable overhead costs of $ 162,400 and fixed overhead costs of $ 124,000. For the year, the company incurred actual overhead costs of $ 262,800 while producing 110,000 units. Compute the controllable overhead variance.