Do not give image format Required 1 Required 2 Required 3 Required 4Compute the total overhead variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.Do not round intermediate calculations.)Overhead varianceShow Transcribed TextActual total overheadBudgeted flexible overheadOverhead varianceRequired 1 Required 2 Required 3 Required 4Compute the overhead controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or novariance. Do not round intermediate calculations.)TotalControllable varianceControllable VarianceShow Transcribed TextVolume varianceĈ0Required 1 Required 2Compute the overhead volume variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or novariance. Do not round intermediate calculations.)Volume VarianceRequired 3 Required 4 Exercise 21-19 (Algo) Overhead controllable and volume variances LO P4Blaze Corporation allocates overhead on the basis of DLH and the standard amount per allocation base is 4 DLH per unit. For March,the company planned production of 8,000 units (80% of its production capacity of 10,000 units) and prepared the following budget.The company actually operated at 90% capacity (9,000 units) in March and incurred actual total overhead costs of $83,035.Overhead BudgetProduction in unitsBudgeted variable overheadBudgeted fixed overhead80% OperatingLevels1. Compute the standard overhead rate. Hint. Standard allocation base at 80% capacity is 30,000 DLH, computed as 8,000 units × 3.75DLH per unit.2. Compute the total overhead variance.3. Compute the overhead controllable variance.4. Compute the overhead volume variance.Required 1 Required 28,000$ 33,000$ 48,000Complete this question by entering your answers in the tabs below.Standard overhead rateRequired 3 Required 4Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 30,000 DLH, computed as 8,000 unitsx 4 DLH per unit. (Round your answer to 2 decimal places.)

Name: Do not give image format Required 1 Required 2 Required 3 Required 4Co
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Description: Do not give image format Required 1 Required 2 Required 3 Required 4Compute the total overhead variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.Do not round intermediate calculations.)Overhead varianc