Requirement Find the following: 1. Variable-overhead efficiency variance 2. Actual hours of input 3. Standard hours of input allowed for output achieved 4. Budgeted-fixed overhead You have been asked to prepare an analysis of the overhead costs in the order processing department of a mail-crder company like Apple Orchard. As an initial step, you prepare a summary of some events that bear en ovethead for the most recent period. Variable overheed is applied based on hours of processing-clerk labor, The standard varabie-overtiead rate per order was $0.01. The rate of 4 orders per hout is regarded as standard productivity per clerk. The total overhead incured was $200,900, of which $132,900 was sxed. The fixed overhead spending variance was $1,500 unfovorable. The variable-overhead faxible-budget variance was $5,300 unfavorable. The variable-ovechead spending variance was $7,000 favorable. Pead the Begin by selecting the appropriate formula to use to solve for the amount for items 1-4, then erter your answer is the space provided. Label any varances as favoratie of unfevorable. (Enter all amounts as positive numbers. Abbeviations used. FOH= Frod overhead, VOH = veilable evechead.) 1. Variabie-overtead efficency variance