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Check my work Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) Sedona Company set the following standard costs for one unit of its product for this year Direct material (15 pounds 54.20 per pound) Direct labor (10 hours $6.00 per OLM) Variable overhead (10 hours 53.70 per OLM) Fixed overhead to house $1. Se per ) Standard cost perit $63.00 64.00 37.80 15.00 $175.00 The $5.20 ($3.70 - $150) total overhead rate per direct labor hour (DH) is based on a predicted activity level of 43550 units, which is 65% of the factory's capacity of 67000 units per month. The following monthly flexible budget information is available Operating Levels (of capacity so 655 703 40.200 13,550 16.00 402,000 435,500 6.000 Budgeted production (units) Bulgte direct labor (standard hours) Ruted overhead Variable overhead Fixed overhead Total owwe $1,487,400 3.250 $ 2,140,650 $1,611,150 652250 $ 2,264.600 $ 1,735, 100 65,250 $ 2.55.550 During the current month, the company operated at 60% of capacity, direct labor of 382.000 hours were used, and the following actual overhead costs were incurred. Actual variable overhead Actual fixe overhead Actul total overhead $ 1.435,000 725 250 12,150,250 - US SH - Standard Hours AVR - Actual Variable Rate SVR Standard Variable Rate 1. Compute the variable overhead spending and efficiency variances 2. Compute the fored overhead spending and volume variances 3. Compute the controllable variance Complete this question by entering your answers in the tabs below. Recuired: Hered 2 Recured Compute the variable overhead spending and oticiency variances indicate the effect of each wariance by selecting with her and per unit to 2 decimal places) Actu Variable OH Cost Flexible Budget COHiappalli 8 # ice. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the controllable variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Controllable Variance Controllable variance