Could you explain step 3 for me

dard Costing Acme Corp. applies overhead to production using a rate of $75 per machine hour ($35 variable, $40 fixed). Acme actually produced 15,000 units and incurred actual overhead of $3,710,000 (of which $1,495,000 was variable overhead) while using 43,500 machine hours. The overhead standards assume each product would use three machine hours. The budgeted number of units was 18,000. Required: Calculate the VOH spending variance 2. Calculate the VOII efficiency variance Calculate the FOH budget variance. 4. Calculate the FOH volume variance. 5. Reconcile the OH Variance with your calculations above. OH Spending PDOH your AQ XAP AQXSP 3,500 X / 34, 37 143 , 50umhr x 35 1 , 495, 000 1, 522, 500 27, 500 Fur VOH spend var O Search a