Problem 24-09A Your answer is partially correct. Try again. Tamarisk Clothiers is a small company that manufactures tall-men's suits. The company has used a standard cost accounting system. In May 2020, 10,500 suits were produced. actual cost data applied to the month of May when normal capacity was 18,375 direct labor hours. All materials purchased were used. Cost Element Standard (per unit) Actual 6 yards at $4.50 per yard $277,095 for 63,700 yards ($4.35 per yard) Direct materials Direct labor 1.81 hours at $13.20 per hour 1.81 hours at $5.40 per hour (fixed $3.00; variable $2.40) $271,329 for 19,805 hours ($13.70 per hour) $49,300 fixed overhead $36,500 variable overhead Overhead Overhead is applied on the basis of direct labor hours. At normal capacity, budgeted fixed overhead costs were $55,125, and budgeted variable overhead was $44,100. Compute the overhead controllable variance and the overhead volume variance. Overhead controllable variance Favorable Overhead volume variance Favorable