The $3.50($2.30+$1.20) total overhead rate per direct labor hour (DLH) is based on a predicted actlvity level of 41,400 units, which is 60% of the factory's capacity of 69,000 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 731,000 hours were used, and the following actual overhead costs were Incurred. AH= Actual Hours SH= Standard Hours AVR= Actual Varlable Rate SVR = Standard Varlable Rate 1. Compute the varlable overhead spending and efficiency varlances. 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. During the current month, the company operated at 55% of capacity, direct labor of 731,000 hours were used, and the following actual overhead 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 varlances. 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. IS dValldiele. During the current month, the company operated at 55% of capacity, direct labor of 731,000 hours were used, and the following actual overhead 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 varlances. 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. Compute the controllable variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)