SVR = Standard Variable Rate 1. Compute the variabie 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 foxed overhead spending and volume variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per unit" to 2 decimal places. 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 variable overhead spending and efficiency variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per unit" to 2 decimal place SVR = Standard Variabl 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. Compute the controllable variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. 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 $3.50($2.30+$1.20) total overhead rate per direct labor hour (DLH) is based on a predicted activity level of 37,100 units, which is 70% of the factory's capacity of 53,000 units per month. The following monthly flexible budget information is avallable: During the current month, the company operated at 65% of capacity, direct labor of 652,000 hours were used, and the following actual overhead costs were incurred