During the current month, the company operated at 55% of capacity, employees worked 295,000 hours, and the following actual overhead costs were incurred Variable overhead costs Fixed overhead coats Total overhead costs $1,411,000 858,050 $2,269,050 AH = Actual Hours SH = Standard Hours AVR = Actual Variable Rate SVR = Standard Variable Rate 1. Compute the variable overhead spending and efficiency variances. 2. Compute the fixed overhead spending and volume variances and classify each as favorable or unfavorable. 3. Compute the controllable variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3