Grand, Inc. uses a standard cost system and provides the following information.

$($Click the icon to view the information.$)1,400$

Read the requirements.

Requirement $1,$ Compute the variable overhead cost and efficiency variances and fixed overhead cost and volume variances. actual quantity, FOH$=$ fixed overhead, $SC=$ standard cost, $SQ=$ standard quantity: VOH$=$ variable overhead $)$

$\backslash$table$[[,$Formula,Variance$],[VOH$ cost variance,$=,],[VOH$ efficiency variance,$=,]]$

FOH$=$ fixed overhead; $SC=$ standard cost, $SQ=$ standard quantity $)$

$\backslash$table$[[,$Formula$],[$FOH cost variance $=,=$