the following information is used for all

Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions disployed below] Sedona Company set the following standard costs for one unit of its product for this year. The $5.80($410+$170) total overhead rate per direct labor hour (OLH) is based on a predicted activity level of 35,700 units, which is 70% of the factory's capacity of 51000 units per month. The following monthy fiexible budget information is avalable. During the current month, the company operated at 65% of capacity, direct labor of 320,000 hours were used, and the following actual overhead costs were incurred. Exercise 21-27A (Algo) Computing total variable and fixed overhead variances LO P5 1. Compute the total variable overhead variance and identify it as fovorable or unfavorable. indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) 2. Compute the total fired overhead varlance and identify it as fovorable or unfavorable. Indicate the effect of the variance by selecting fovorable, unfaverable, or no variance.) AH= Actual thours SH= Standard Hours AVR a Actual Variable Rate SVR = Standard Variable Rate 1. Compute the voriable overhead spending and efficiency variances. 2. Compute the fixed overhead spending and volume variances. 3. Compute the controlable variance. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs belew. Compute the controllable variance. (Indicate the effect of each variance by selecting fovorable, unfavorable, or no variance.)