Required Information [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. The $7.00($4.70+$2.30) total overhead rate per direct labor hour (DLH) is based on a predicted activity level of 34,200 units, which is 60% of the factory's capacity of 57,000 units per month. The following monthly flexible budget information is avallable. During the current month, the company operated at 55% of capacity. direct labor of 295,000 hours were used, and the following actual ovemead costs were incurred. AH= Actual Hours SH= Standard Hours AVR = Actual Varlable Rate SVR= Standard Varlable Rate 1. Compute the varlable overhead spending and efficlency variances. 2. Compute the fixed ovemead spending and volume variances 3. Compute the controllable vanance SVR = Standard Vartable Rate 1. Compute the vartable overhead spending and etficiency varlances. 2. Compute the fixed overhead spending and voume variances. 3. Compite the controllable vanance. Complete this question by entering vour answers in the tabs below. per unit" to 2 decimbl places.) SUR = Standard Vanable Rate 1. Compute the vartable overhead spending and efficlency vanances. 2. Compute the fixed ovemead spending and volume variances. 3. Compute the controllable varlance. Complete this question by entering vour answers in the tabs below. 1. Compute the varlable overhead spending and efficlency variances. 2. Compute the fixed overhead spending and volume varlances. 3. Compute the controllable varlance. Complete this question by entering your answers in the tabs below