Bent, ine uties a standard cost system and provides the following information. IIt (Cick the loon to view the information.). Best alocates manulacturing overhead to production bosed on standard direct labor hours. Best reported the following actual results for 2024 : actual number of units prodiced, 1,000; actual variabi oveheod, $5,000, actual fored overtwed, $3,400, actual direct laboe heurs, 1,900. Read the reguirements Requirement 1. Comghine the varable overhead cont and efficiency variances and fixed overhead cost and volume varlances. Begin weh the varable oveitead cou and eficiency variances. Select the requied focmulas, compude the varlable ovortead cost and efficiency variances, and identify whecher each varlance is Bent, ine uties a standard cost system and provides the following information. IIt (Cick the loon to view the information.). Best alocates manulacturing overhead to production bosed on standard direct labor hours. Best reported the following actual results for 2024 : actual number of units prodiced, 1,000; actual variabi oveheod, $5,000, actual fored overtwed, $3,400, actual direct laboe heurs, 1,900. Read the reguirements Requirement 1. Comghine the varable overhead cont and efficiency variances and fixed overhead cost and volume varlances. Begin weh the varable oveitead cou and eficiency variances. Select the requied focmulas, compude the varlable ovortead cost and efficiency variances, and identify whecher each varlance is