Variable Overhead Spending and Efficiency Variances, Columnar and Formula Approaches Gladys Company provided the following information: Standard variable overhead rate (SVOR) per direct labor hour $3.70 Actual variable overhead rate (AVOR) per direct labor hour $3.67 Actual direct labor hours worked (AH) 57,100 Actual production in units 15,000 Standard hours (SH) allowed for actual units produced 53,000 Required: 1. Using the columnar approach, calculate the variable overhead spending and efficiency variances. Spending $ Efficiency 2. Using the formula approach, calculate the variable overhead spending variance. 3. Using the formula approach, calculate the variable overhead efficiency variance. $ 4. Calculate the total variable overhead variance. Variable Overhead Spending and Efficiency Variances, Columnar and Formula Approaches Gladys Company provided the following information: Standard variable overhead rate (SVOR) per direct labor hour $3.70 Actual variable overhead rate (AVOR) per direct labor hour $3.67 Actual direct labor hours worked (AH) 57,100 Actual production in units 15,000 Standard hours (SH) allowed for actual units produced 53,000 Required: 1. Using the columnar approach, calculate the variable overhead spending and efficiency variances. Spending $ Efficiency 2. Using the formula approach, calculate the variable overhead spending variance. 3. Using the formula approach, calculate the variable overhead efficiency variance. $ 4. Calculate the total variable overhead variance