and Branch Company provided the following Information Standard fixed overhead rate (SFOR) per direct labor hour $5.00 $305,000 $300,000 16,000 BFOH Actual production in units Standard hours allowed for actual units produced (SH)64,000 Required Enter amounts as positive numbers and select Favorable (F) or Unfavorable(U). If no variance, enter so and select . 1. Using the columnar approach, calculate the fixed overhead spending and volume variances. Spending Volume 2. Using the approach, calculate the fixed overhead spending variance 3. Using the formula approach, calculate the fixed overhead volume variance