6 Required information[The following information applies to the questions displayed below.]Manuel Company predicts it will operate at 80% of its productive capacity. Its overheadallocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit.The company reports the following for this period.Production (in units)OverheadVariable overheadFixed overheadTotal overheadRequired 1Flexible Budget at 80%Capacity53,250Required 2Volume variance$ 292,87553,250$ 346,125(1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable.(2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable.ActualResultsComplete this question by entering your answers in the tabs below.49,200Volume Variance$ 347,900Compute the overhead volume variance. Indicate variance as favorable or unfavorable.Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.

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Description: 6 Required information[The following information applies to the questions displayed below.]Manuel Company predicts it will operate at 80% of its productive capacity. Its overheadallocation base is DLH and its standard amount per allocation base is 0.

The variance is the difference between the actual and standard production data. The variance can be…

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Required information [The following information applies to the questions displayed below.] Manuel Company predicts it will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period. Production (in units) Overhead Variable overhead Fixed overhead Total overhead Flexible Budget at 80% Capacity 53,250 Required 1 Required 2 $ 292,875 53,250 $ 346,125 Volume variance Actual Results (1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable. (2) Compute the overhead controllable variance. Indicate variance as favorable or unfavorable. 49,200 Complete this question by entering your answers in the tabs below. Volume Variance $ 347,900 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. 4