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Sheffield Corporation accumulates the following data relative to jobs started and finished during the month...

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Accounting

Sheffield Corporation accumulates the following data relative to jobs started and finished during the month of june 2027.
Cost and production data actual standard
Raw materials unit cost $4.20 $4.00
Raw materials units 11,30010,900
Direct labor payroll 148,000142,880
Direct labor hours 14,80015,200
manufacturing overhead incurred 273,854
manufacturing overhead applied 273,904
machine hours expected to be used at normal capacity 53,180
budgeted fixed overhead for june 101,042
variable overhead rate per machine hour $3.40
fixed overhead rate per machine hour $1.90
Overhead is applied on the basis of standard machine hours. 3.40 hours of machine time are required for each direct labor hour. The jobs were sold at $469,000. Selling and Administrative expenses were $35,100. Assume the amount of raw materials purchased equaled the amount used.
Compute the overhead controllable variance and the overhead volume variance.

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