The America Company uses standard costing. At the denominator level of 7,000 units (4 standard hours per unit = 28,000 standard hours), budgeted direct labor cost is $700,000, budgeted variable overhead cost is $280,000, and budgeted fixed overhead cost is $560,000. In the year 2020, the company had an actual level of production of 6,500 units and 26,800 actual direct labor hours. In 2020, the company had actual direct labor costs of $675,000, actual variable overhead cost of $275,000, and actual fixed overhead cost of $525,280. Was the direct labor efficiency variance for 2020 favorable, or was it unfavorable? O unfavorable O favorable Question 46 Compute the amount of the direct labor efficiency variance. 2 pts Was the variable overhead spending variance for 2020 favorable, or was it unfavorable? O favorable O unfavorable Question 48 Compute the amount of the variable overhead spending variance. Question 49 Was the fixed overhead production volume variance for 2020 favorable, or was it unfavorable? favorable O unfavorable Compute the amount of the fixed overhead production volume variance