cab you please fill in the blanks for number 4?

4) With respect to variable overhead, calculate the following relating to their operating results for the year. a) Remember Phoenix Company applies overhead (variable and fixed) based on direct labor hours. Therefore, the total quantity of input (hours) for variable overhead will equal those of direct labor. Calculate an average variable overhead actual rate as variable overhead expenses divided by direct labor hours (actual). Show 4 decimals. Use this as your actual rate, AR, to calculate spending and efficiency variance below. Note - Remember that AH for variable overhead here will be the same as calculated in 3a 12000/17100 Variable Overhead Variances Actual Variable OH Costs Flexible Budget Standard Cost (VOH applied AH x AR AH X SR SH SR 17100 x6.5491 TTOO X8.4705 (502 XX.4705 1112000 LESLIG 1133004 32846 T11842 Favorable/Unfavorable Variable OH spending variance Variable OH efficiency variance 32846 11842 Project 5: Page 3 of 11 Total variable OH variance b) Give one example of a situation that would result in a FAVORABLE variable overhead rate variance. Explain using 20 to 30 words. c) Give one example of a situation that would result in an UNFAVORABLE variable overhead efficiency variance. Explain using 20 to 30 words