eBook Video Print Item Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches Marvelettes Company provided the following information: Standard fixed overhead rate (SFOR) per direct labor hour Actual fixed overhead rate (AFOR) per direct labor hour $7 $7.23 Actual direct labor hours worked (AH) 56,600 Actual production in units 12,000 Standard hours allowed for actual units produced (SH) 55,000 Required: 1. Using the columnar approach, calculate the fixed overhead spending and efficiency variance Spending $ Efficiency $ 2. Using the formula approach, calculate the fixed overhead spending variance. 3. Using the formula approach, calculate the fixed overhead efficiency variance. 4. Calculate the total fixed overhead variance. Check My Work eBook Video Print Item Fixed Overhead Spending and Volume Variances, Columnar and Formula Approaches Marvelettes Company provided the following information: Standard fixed overhead rate (SFOR) per direct labor hour Actual fixed overhead rate (AFOR) per direct labor hour $7 $7.23 Actual direct labor hours worked (AH) 56,600 Actual production in units 12,000 Standard hours allowed for actual units produced (SH) 55,000 Required: 1. Using the columnar approach, calculate the fixed overhead spending and efficiency variance Spending $ Efficiency $ 2. Using the formula approach, calculate the fixed overhead spending variance. 3. Using the formula approach, calculate the fixed overhead efficiency variance. 4. Calculate the total fixed overhead variance. Check My Work