#7

all boxes outlined in blue need answers in them

Required Information [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. Direct material (20 pounds @ $2.60 per pound) Direct labor (10 hours @ $8.00 per DLH) Variable overhead (10 hours @ $4.40 per DLH) Fixed overhead (10 hours @ $2.00 per DLH) Standard cost per unit The $6.40 ($4.40 + $2.00) total overhead rate per direct labor hour (DLH) is based on a predicted activity level of 40,500 units, which is 75% of the factory's capacity of 54,000 units per month. The following monthly flexible budget Information Is available. Flexible Budget Budgeted production (units) Budgeted direct labor (standard hours) Budgeted overhead Variable overhead Fixed overhead Total overhead Actual variable overhead Actual fixed overhead Actual total overhead AH Actual Hours SH Standard Hours AVR = Actual Variable Rate SVR Standard Variable Rate $ 52.00 80.00 44.00 20.00 $196.00 $1,625,000 854,000 $ 2,479,000 Operating Levels (% of capacity) 70% 75% 80% 37,800 378,000 40,500 405,000 $1,663,200 810,000 $ 2,473,200 $2,592,000 1. Compute the variable overhead spending and efficiency variances. 2. Compute the fixed overhead spending and volume varlances. 3. Compute the controllable variance. During the current month, the company operated at 70% of capacity, direct labor of 365,000 hours were used, and the following actual overhead costs were incurred. $ 1,782,000 810,000 43,200 432,000 $1,900,800 810,000 $ 2,710,800 h 1. Compute the variable overhead spending and efficiency varlances. 2. Compute the fixed overhead spending and volume varlances. 3. Compute the controllable varlance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the variable overhead spending and efficiency variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per unit to 2 decimal places.) Actual Variable OH Cost $ 0 0 Flexible Budget Required Standard Cost (VOH applied) Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the fixed overhead spending and volume variances. (Indicate the effect each variance by selecting favorable, unfavorable, or no variance. Round "Rate per unit" to 2 decimal places.) Actual Fixed OH cost S Fixed OH (Fixed Budgeted) 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the controllable variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Controllable variance Controllable Variance