Sedona Company set the following standard costs for one unit of its product for this year. The $5.60($4.00+$1.60) total overhead rate per direct labor hour (DLH) is based on a predicted activity level of 37.500 units, which is 75% of the factory's capacity of 50,000 units per month. The following monthly flexible budget information is avallable. During the current month, the company operated at 70% of capacity, direct labor of 340.000 hours were used, and the following actual overhead costs were incurred. Compute the fixed overhead spending and volume variances. (Indicate the elfect of each variance by selecting favorable, unfavornble, or no vartance. Round "Rat unit 2 to 2 decimal places.) Compute the controllable variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)