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Spots Company uses a standard cost system for its production process. Spots applies overhead based on direct labor hours. The following information is available for

Spots Company uses a standard cost system for its production process. Spots applies overhead based on direct labor hours. The following information is available for july:

Standard:

DLH per unit

2.20

Variable overhead per DLH

2.50

Fixed overhead per DLH(Based on 11,990 DLH)

$3.00

Actual:

Unit produced

4,400

Direct labor hours

8,800

Variable overhead 29,950

Fixed overhead

42,300

1. Using the four-variance approach, what is the variable overhead spending variance? 2. Using the four-variance approach, what is the variable overhead efficiency variance? 3. Using the four-variance approach, what is the fixed overhead spending variance? 4. Using the four-variance approach, what is the volume variance? 5. Using the three-variance approach, what is the spending variance? 6. Using the three-variance approach, what is the efficiency variance? 7. Using the three-variance approach, what is the volume variance? 8. Using the two-variance approach, what is the controllable variance? 9. Using the two-variance approach, what is the noncontrollable variance? 10. Using the one-variance approach, what is the total variance? Show solution pls :D

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