The following information is available from Pavit Company for its operations in March Factory overhead incurred Variable overhead expenses, incurred Fixed overhead expenses, budgeted $40,000 $24,150 $18,000 4.200 Direct labor hours (DLH) worked Standard direct labor hours allowed for the units manufactured 4,000 Denominator level of activity, in DLHs 4,500 Actual variable Overhead rate/DLH worked $5.75 Standard variable overhead rate per DLH $5.00 Pavit uses direct labor hours (DLIIs) to apply factory overhead cost Required: 1. Compute the spending, efficiency and flexible budget variances for Pavit's variable overhead in March 2021