All - Star Fender uses a standard cost system and provide the following information: (Click the icon to view the intormation.) Polnts: 0 of 1 actual variablo ovirheed, $4,730, actual fred overheed, $31,000, actual direct labor hours, 410 Read the VOH = varata overhead) Data table Requirements 1. Compute the overhead variances for the year. variable overhead cost variance, variable overhead efficiency variance, fixed overhead cost variance, and fixed overhead volume variance. 2. Explain why the variances are favorable or unfavorable