11 The following information is available from Pavit Company for its operations in March: W Factory overhead incurred - Variable overhead expenses, incurred Fixed overhead expenses, budgeted $40,000 $24,150 $18,000 Direct labor hours (DLH) worked 4,200 - Standard direct labor hours allowed for the units manufactured 4,000 Denominator level of activity, in DLHS 4,500 "Actual variable Overhead rate/DLH worked $5.75 Standard variable overhead rate per DLH $5.00 Pavit uses direct labor hours (DLHS) to apply factory overhead cost Required: 1. Compute the spending, efficiency and flexible-budget variances for Pavit's variable overhead in March 2021. 2. Compute the spending, production-volume and flexible-budget variances for Pavit's fixed overhead in March 2021. the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). I V S Paragraph v Arial 10pt 7 7 iii 7 94 {} The following information is available from Pavit Company for its operations in March. Factory overhead incurred Variable overhead expenses, incurred $40,000 $24,150 Fixed overhead expenses, budgeted $18,000 Direct labor hours (DLH) worked 4,200 Standard direct labor hours allowed for the units manufactured 4,000 4,500 Denominator level of activity, in DLHs $5.75 Actual variable Overhead rate/DLH worked $5.00 Standard variable overhead rate per DLH Pavit uses direct labor hours (DLHs) to apply factory overhead cost. Required: te the spending, efficiency and flexible-budget variances for Pavit's variable head in Mac budget variances for Pavity red bal