Book Overhead Application, fixed and Variable Overhead Variances Zepol Company is planning to produce 600,000 power drills for the coming year. The company uses direct labor hours to assigned to products Each address 75 stand of labor for option. The $1.777,500, The total fixed overhead budgeted for the coming year is $832,500. Predmined everhead rates are calculated uning expected production to the year an Actual production (units) 594,000 Actual variable overhead $925,000 Actual direct labor hours (AH) 446.000 Actual fixed overhead Required: 1. Compute the applied fled overhead $835,600 2. Compute the fixed overhead spending and volume variances, Enter meets a positive numbers and select favorate unfavorab Spending variance Volume variance 3. Compute the applied variable overhead 4. Compute the variable overhead spending and efficiency variances. Enter amounts at piebers and ct Faviator fa Spending variance Efficiency variance