Completion Status: QUESTION TO The following information is available from Pavit Company for its operations in Mar Factory overhead incurred . Variable overhead expenses, incurred $40,000 $24,150 Fixed overhead expenses, budgeted $18,000 Direct labor hours (DLH) worked 4,200 Standard direct labor hours allowed for the units manufactured 4,000 Denominator level of activity, in DLHs 4,500 Actual variable Overhead rate/DLH worked $5.75 $5.00 Standard variable overhead rate per DLH vit uses direct labor hours (DLHS) to apply factory overhead cost. uired: Compute the spending, efficiency and flexible-budget variances for Pavit e and Submit to save and submit. Click Save All Answers to save all answers. Required: 1. Compute the spending, efficiency and flexible-budget variances for Pavit's variable o 2. Compute the spending, production-volume and flexible-budget variances for Pavit's fi For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS 1- Paragraph Arial spending variance= (5.75 -5)*4,200 = 3,150 unfavrable efficiency variance = (4,200 - 4,000) 5 = 1000 unfavrable 10pt ck Save and Submit to save and submit. Click Save All Answers to save all answers