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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below] Sedona Company set the following standard costs for one unit of its product for this year The $520($3.70+$150) total overhead rate per direct labor hour (OLH) is based on a predicted activity level of 43.550 units, which is 65% of the factory's capacity of 67,000 units per month. The following monthly flexible budget information is available. Dunng the current month, the company operated at 60% of capacity, direct labor of 382,000 hours were used, and the following actual overhead costs were incurred Exercise 23-28A (Algo) Detailed overhead variances LO P5 AH= Actual Hours SH = Standard Hours AVR Actual Varkable Rate SVR-Standard Variable Rate 1. Cormpute the variable overhead spencting and efficiency variances. 2 Compute the foed overheod spending and volume variances 3. Compute the controllable variance. Complete this question by entering your answers in the tabs below. Compute the variable overtiead spending and efficiency variances AH = Actisal Hours: SH - Standard Hours AVR - Activit Variable Rate SVR = Siandard Variable Rate 1. Compute the variable overheod spending and efficiency variances: 2. Compute the foxed overhead spending and volume variances 3. Compute the controllable variance: Complete this question by entering your answers in the tabs below. Compute the fored overhead spending and volume vanances Exercise 23-28A (Algo) Detailed overhead variances LO P5 AH = Actual Hours SH = Standard Hours AVR = Actuat Variable Rate SVR = Standard Variable Rate 1. Compute the variable overhead spending and efficiency variances. 2. Compute the fixed overhead spending and volume variances. 3. Compute the controllable variance Complete this question by entering your answers in the tabs below. Compute the controllable variance. Note: Indicate the effect of each variance by selecting favorable, unfavorahile, or no variance

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