Quality, Inc. uses a standard cost system and provides the following information. IIF (Click the icon to view the information.) variable cverhead, $3,800; actual fixed overhead, 53,400 ; actual direct labor hours, 1,800. Rend the reguirements. Requirement 1. Compute the variable cverhead cost and efficiency variances and fixed overhead cost and volume variances. vOH eost variance vOH efficiency variance Requirements 1. Compute the variable overhead cost and efficiency variances and fixed overhead cost and volume variances. 2. Explain why the variances are tavorable of undavorable