Required information Use the following information for the Quick Study below. (Algo) (The following information applies to the questions displayed below.) AirPro Corporation reports the following for this period. Actual total overhead $ 28,875 Standard overhead applied $ 32,860 Budgeted (flexible) variable overhead rate $ 2.10 per unit Budgeted fixed overhead $ 11,200 Predicted activity level 11,200 units Actual activity level 10,600 units QS 21-15 (Algo) Total overhead and controllable variances LO P4 Enter your answers in the tabs below. Required a Required B Compute the controllable variance and identify it as favorable or unfavorable. Controllable variance Actual total overhead 28,875 Budgeted (flexible) overhead Budgeted variable overhead Budgeted fixed overhead (unchanged) 11,200 Budgeted (flexible) overhead 80,206 Controllable variance Favorable Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.) AirPro Corporation reports the following for this period, Actual total overhead Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level $ 28,875 $ 32,860 $ 2.10 per unit $ 11,200 11,200 units 10,600 units QS 21-16 (Algo) Volume variance LO P4 Compute the volume variance and identify it as favorable or unfavorable. Volume Variance Budgeted (flexible) overhead Standard overhead applied Volume variance 32,860 Unfavorable