Required information Use the following information for the Quick Study below. (Static) Skip to question [The following information applies to the questions displayed below.] Alvarez Company for the current period shows a $20,000 favorable volume variance and a $60,400 unfavorable controllable variance. Standard overhead applied for the period is $225,000. QS 23-17 (Static) Components of overhead variance LO P4 What is the actual total overhead for the period? What is the total overhead variance and is it favorable or unfavorable