13 Required Information Part 2 of 2 Use the following Information for the Exercises below. (Algo) The following information applies to the questions displayed below] points Sedona Company set the following standard costs for one unit of its product for this year. Direct material (30 pounds @ $2.20 per pound) Direct labor (20 hours @ $4.20 per DLH); eBook variable overhead (20 hours @ $2.20 per DLH) Fixed overhead (20 hours @ $1.10 per DUH) Standard cost per unit Hint References $66.00 84.00 44.00 22.00 $216.00 The $3.30 ($2.20 $110) total overhead rate per direct labor hour (DLH) is based on a predicted activity level of 40,800 units, which is 60% of the factory's capacity of 68.000 units per month. The following monthly flexible budget information is available. Flexible nudget Budgeted production (units) Budgeted direct labor (standard hours) Budgeted overhead variable overhead Fixed overhead Total overhead operating Levels of capacity) 55% 60% 65% 37,400 743,000 40,000 $16,000 44,200 $84,000 $1,645,600 97,600 $2,543,200 $1,795,200 597,600 2,692,800 51,944,000 897,600 5 2,842,400 During the current month, the company operated at 55% of capacity, direct labor of 728,000 hours were used, and the following actual overhead costs were incurred. Actual variable overhead Actual fixed overhead Actual total overhead $1,625,000 924,306 $1,545,300 Exercise 23-28A (Algo) Detailed overhead variances LO P5 AH Actual Hours SH-Standard Hours AVR Actual Variable Rate SVR-Standard Vanable Rate 1. Compute the variable overhead spending and efficiency variances 2. Compute the fixed overhead spending and volume variances. 3. Compute the controllable vanance