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Manufacturing Overhead Data for the Production of Product B by North

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Manufacturing overhead data for the production of Product B by North Bank Inc. are as follows.  Overhead incurred for 69,000 actual direct labor hours worked $06,000 Overhead rate (variable $2.00; fixed $1.00 ) at normal capacity of 72,000 direct labor hours $3.00 Standard hours allowed for work done 69,000\begin{array}{l}\text { Overhead incurred for } 69,000 \text { actual direct labor hours worked }&\$06,000 \\\text { Overhead rate (variable } \$ 2.00 \text {; fixed } \$ 1.00 \text { ) at normal capacity of } \\\quad 72,000 \text { direct labor hours }&\$3.00\\\text { Standard hours allowed for work done }&69,000\end{array} Instructions
Compute the controllable and volume overhead variances.

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