Use the following information to answer the following two Questions Pepero fenoing considers 4,000 diect labor hous or 200 fences to be its normal monitily 19 a points capacity, tha slandans variable overbead mote is $ to per drect labor tour, During the current What are the Standardflours Allowed iship? month, 53,000 of variatb crechead costs wem inculred in wotking 3.600 direct laboe hours to complete 160 tences: Below ia how to calailate variable overhead variances. (1) Acteal tnput Haurs At Acteal kate. (2) (A) AR) Actaal fropet Houn (3) 31,000 20 points What is the variable overhead spending variance? (difference between (1) and (2)) 1000 Favorable 1000 Unfavorable 2000 Unfavorable 3000 Favorable 21 3 points What is the total variable overhead flexible budget variance? (total difference between (1) and (3)) 1000 Favorable 3000 Unfavorable 2000 Unfavorable 4,000 Favorable