Variable Overhead Spending and Efficiency Variances, Columnar and Formula Approaches $3.20 Gladys Company provided the following information: Standard variable overhead rate (SVOR) per direct labor hour Actual variable overhead rate (AVOR) per direct labor hour Actual direct labor hours worked (AH) $3.58 57,100 11,000 Actual production in units Standard hours (SH) allowed for actual units produced 55,000 Required: 1. Using the columnar approach, calculate the variable overhead spending and efficiency varianc Spending s Efficiency 2. Using the formula approach, calculate the variable overhead spending variance. s 3. Using the formula approach, calculate the variable overhead efficiency variance. 4. Calculate the total variable overhead variance. Gladys Company provided the following information: $3.20 Standard variable overhead rate (SVOR) per direct labor hour Actual variable overhead rate (AVOR) per direct labor hour Actual direct labor hours worked (AH) $3.58 57,100 Actual production in units 11,000 Standard hours (SH) allowed for actual units produced 55,000 Required: 1. Using the columnar approach, calculate the variable overhead spending and efficiency variances. Spending s Efficiency s 2. Using the formula approach, calculate the variable overhead spending variance. 3. Using the formula approach, calculate the variable overhead efficiency variance. Favorable 4. Calculate the Unfavorable No variance d variance