Deluxe, Itc. uses a standard cost system and provides the following information. Delus alocates manufacturing owerhead to production based on standand direct labor hours. Deloce teported the following actual results for 2024 ; actual number of units produced, 1,000; actual variablen evertead, 55,000 ; actual freed coverhead, $2,600, achual direct inbor hours, 1,400 Read the requirements Hequirement 1. Compute the varible oveitead cost and effolency variances and fred overhesd cost and volume variances. Detume, ine. uses a standerd cost system and provides the following information. Read the requirenests. Data table Requirements 1. Compute the variabie orentiond oost and elficency variances and fined everteas eost and volime variances. 2. Explain why the variances ste favonate of unfoveratie