Company A uses a standard cost system. Overhead cost information for Product CO for the month of October follows:

Total actual overhead incurred $14,750
Fixed overhead budgeted $ 1,800
Total Standard overhead rate per direct labor hour $ 4.25
Variable overhead rate per direct labor hour $ 3.75
Standard hours allowed for actual production 3,400

What is the overall (net) overhead variance?

I got 300 unfavorable, but I don't think I did it right. I don't think I did the formula correctly.

Budgeted production 10,000 units
Actual production 15,000 units
Budgeted overhead cost $60,000
What is the overhead variance? Is it favorable or unfavorable?