$\backslash$table$[[,$Flexible Budget at $80\%$ Capacity,Actual Results$],[$Production $($in units$),50,000,44,000],[$Overhead$],[$Variable overhead,$ $275,000,],[$Fixed overhead,$50,000,],[$Total overhead,$ $325,000,$$ $305,000]]$

Exercise $21-18($Static$)$ Volume and controllable variances LO P$4$

$(1)$ Compute the overhead volume variance. Indicate variance as favorable or unfavorable.

$(2)$ Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Compute the overhead volume variance. Indicate variance as favorable or unfavorable.

Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.

$\backslash$table$[[$Volume Variance,$],[$Standard overhead applied,,$],[$Budgeted $($flexible$)$ overhead,,$],[$Volume variance,$292,000,]]$

Reauired $2$