The following information is available from Pavit Company for its operations in March: Factory overhead incurred Variable overhead expenses, incurred $40,000 $24,150 Fixed overhead expenses, budgeted $18,000 Direct labor hours (DLH) worked 4,200 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 (DLHS) to apply factory overhead cost. Required: 1. Compute the spending, efficiency and flexible-budget variances for Pavit's variable overhead in March 2021. 2. Compute the spending, production-volume and flexible-budget variances for Pavit's fixed overhead in March 2021