Exercise 23-25 (Algo) Overhead controllable and volume variances; overhead variance report LO P4 For May, Mariana company planned production of 20,800 units (80\% of its production capacity of 26,000 units) and prepared the following overhead budget. The company applies overhead with a standard of 3DLH per unit and a standard overhead rate of $379 per DLH. It actually operated ot 90% capacity (23,400 units) in May and incurred the following actual overhead 1. Compute the overhead controllable vartance and identify it as favorable or unfavorable 2. Compute the overtiead volume variance and identify it as favorable or unfavorable. 3. Prepare an covethead variance report at the actual activify level of 23,400 units Complete this question by entering your answers in the tabs below. Compute the overhead controllable variance and identify it as favorable or unfavorable. (Indic by selecting favorable, unfavorable, or no variance.) 1. Compute the overhead controllable variance and identify it as favorable or unfavorable. 2. Compute the overhead volume variance and identify it as favorable or unfavorable. 3. Prepare an overhead variance report at the actual activity level of 23,400 units. Complete this question by entering your answers in the tabs below. Compute the overhead volume variance and identify it as favorable or unfavorable. (Indicate the selecting favorable, unfavorable, or no variance. Do not round intermediate calculations.) Prepare an overhead variance report at the actual activity level of 23,400 units. (Indicate the effect of each vari favorable, unfavorable, or no variance. Do not round intermediate calculations.)