Google LLC needs to perform an overhead variance analysis. The following data is available:

Budgeted Data:

• Direct Labor Hours: 15,000
• Direct Labor Cost: $300,000
• Variable Overhead: $180,000
• Fixed Overhead: $250,000

Actual Data:

• Direct Labor Hours: 14,000
• Direct Labor Cost: $280,000
• Variable Overhead: $170,000
• Fixed Overhead: $260,000

Required:

1. Compute the variable overhead efficiency variance.
2. Calculate the fixed overhead volume variance.
3. Determine the total overhead variance.
4. Prepare a variance analysis report and interpret the results.