Please explain the solution to this general accounting problem using the correct accounting principles.

Summit Manufacturing uses a standard costing system. Below is the March overhead budget: Item Value Standard DLH at full capacity 25,000 hrs. Variable factory overhead $75,000 Fixed factory overhead $125,000 Total factory overhead per DLH $8.00 Actual for March: Direct labor hours worked: 23,000 hrs. Total factory overhead: $196,000 Standard DLH for actual output: 22,500 hrs. What is the controllable (budget) variance for March