Kasih Cinta is a company that manufactures exquisite furniture. In February 2022, the company had the following information about its standards and production activity. Total factory overhead costs incurred: Variable overhead Fixed overhead Standard factory overhead rate: Variable overhead Fixed overhead RM 55,000 40,000 4.00 per unit 3.40 per unit Actual units produced Denominator activity level (in units) 13,700 14,000 Required: Compute the following variances: a) Variable overhead flexible-budget. b) Fixed overhead spending. (3 marks) (3 marks) c) Fixed overhead production volume. (3 marks) d) Based on your answers in (a), (b) and (c). Interpret the above three variances. (3 marks)