Question 3 Your answer is partially correct. Try again. H&X Co. uses a standard job cost system with a normal capacity of 25,500 direct labour hours. H&X Co. produces 12,400 units, which cost $211,500 for direct labour (23,500 hours), $28,024 for variable overhead, and $144,460 for fixed overhead. The standard variable overhead per unit is $2 (2 hours at $1 per hour), and the standard fixed overhead per unit is $10.40 (2 hours at $5.20 per hour). Calculate the variable overhead spending variance and the variable overhead efficiency variance. a Variable overhead spending variance $ - 3224) Unfavourable 1300 Variable overhead efficiency variance $ Favourable