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 3.00 DLH per unit. ForMarch, the company planned production of 10,000 units (80% of its production capacity of 12,500 units) and prepared the followingbudget. The company actually operated at 90% capacity (11,250 units) in March and incurred actual total overhead costs of $179,125.Overhead BudgetProduction in unitsBudgeted variable overheadBudgeted fixed overhead80% OperatingLevels10,000$ 78,000$ 93,0001. Compute the standard overhead rate. Hint: Standard allocation base at 80% capacity is 30,000 DLH, computed as 10,000 units ×3.00 DLH per unit.2. Compute the total overhead variance.3. Compute the overhead controllable variance.4. Compute the overhead volume variance.Answer is not complete.Complete this question by entering your answers in the tabs below.Required 1 Required 2 Required 3 Required 4Compute the overhead volume variance.Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Do not round intermediatecalculations.Volume varianceVolume Variance< Required 3Required 4

Name: Exercise 21-19 (Algo) Overhead controllable and volume variances LO P
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Description: 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 3.00 DLH per unit. ForMarch, the company planned production of 10,000 units