Andrew Company Andrew Company uses a standard cost system for its production process. Andrew Company applies overhead based on direct labor hours. The following information is available for July: Standard: Direct labor hours per unit 2.20 Variable overhead per hour P2.50 Fixed overhead per hour P3.00 (based on 11,990 DLHs) Actual: Units produced 4,400 Direct labor hours 8,800 Variable overhead P29,950 Fixed overhead P42,300 Andrew Company uses a standard cost system for its production process. Andrew Company applies overhead based on direct labor hours. The following information is available for July: Standard: 5.Using the three-variance approach, what is the spending variance?