Variable Overhead Spending and efficancy Variances, Columnar and Formula Approaches Aretha Company provided the following Information Standard variable overhead rate (SVOR) per direct labor hour $4.70 Actual variable overhead costs $335,750 Actual direct labor hours worked (AH) 69,200 Actual production in units 14.000 Standard hours (SH) allowed for actual units produced 70.000 Required: 1. Using the columnar approach, calculate the variable overhead spending and efficiency variances, Enter amounts positive numbers and select Favorable (F) or Unfavorable (0) (1 Actual 2) AHSVOR (3) SHSVOR Actual VOH Standard hours Actual hours Spending Efficancy 2. Using the formula approach calculate the variable over and spending variance Entertainumber and select favorable or unfavorable 3. Using the formula oroach thicu ate the variable overhead eficenc var. Enter amountative met and select Favorable or unable 4. Cibuince the total able verhead arance Entramusta vumber Farbe navorable o