please answer in question format
Use the following information for the Exercises below. [The following information applies to the questions displayed below.) Sedona Company set the following standard costs for one unit of its product for this year, Direct material (15 lbs. $3.40 per mh. Direct labor (10 hrs. $9.70 p.) Variable overhead (10 hrs. 54.90 per he. ) Tixed overhead (10 hrs. #52.00 per hr.) Total standard cost $ 51.00 97.00 49.00 20.00 $217.00 The $6.90 ($4.90 $2.00) total overhead rate per direct labor hour is based on an expected operating level equal to 70% of the factory's capacity of 59,000 units per month. The following monthly flexible budget information is also available. Tledible Budget Budgeted output (unita) Budgeted labor (standard hours) Budgeted overhead dollars) Variable overhead Pixed overhead Total overhead Operating Levels of capacity) 658 700 750 38,350 41,300 44.250 383,500 413,000 442,500 $1,879,150 $2,023,700 $2,168,250 826,000 826,000 826,000 $2,705, 150 $2,849.700 $2.994,250 During the current month, the company operated at 65% of capacity, employees worked 365,000 hours, and the following actual overhead costs were incurred. Variable overhead coats Fixed overhead costo Total overhead costs $1,816,000 899.050 $2.715,050 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 Compute the variable overhead spending and efficiency variances. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.Ro "Rate per unit to 2 decimal places.) Flexible Budget Actual Variable OH Cost AH AVR 365,500 AH SVR Standard Cost (VOH applied) SH X SVR X X Variable overhend eliciency variance $ 0 0 Required 2 > 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 Compute the faxed overhead spending and volume variances and classify each as favorable or unfavorable. (Indicate the effect of each variance by selecting for favorable, untavorable, and no variance. Round "Rate per unit" to 2 decimal places.) Actual Thed OH COM Fixed OH (Feed Budgetud) Standard Cost (FOH applied $ 0 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 Compute the controllable variance. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Controllable Variance Controllable variance
