Required information [The following information applies to the questions displayed below.] Sedona Company...
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Required information 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 $ $$ total overhead rate per direct labor hour DLH is based on a predicted activity level of units, which is of the factory's capacity of units per month. The following monthly flexible budget information is available. During the current month, the company operated at of capacity, direct labor of hours were used, and the following actual overhead costs were incurred. Compute the total variable overhead variance and identify it as favorable or unfavorable. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Compute the total fixed overhead variance and identify it as favorable or unfavorable. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. 
Required information
The following information applies to the questions displayed below.
Sedona Company set the following standard costs for one unit of its product for this year.
The $ $$ total overhead rate per direct labor hour DLH is based on a predicted activity level of
units, which is of the factory's capacity of units per month. The following monthly flexible budget information
is available.
During the current month, the company operated at of capacity, direct labor of hours were used, and the
following actual overhead costs were incurred.
Compute the total variable overhead variance and identify it as favorable or unfavorable.
Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.
Compute the total fixed overhead variance and identify it as favorable or unfavorable.
Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.
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