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23-4a Trini Company set the following standard costs per unit for its single product Overhead is applied using direct labor hours. The standard overhead rate
23-4a
Trini Company set the following standard costs per unit for its single product Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 805 of the company's capacity of 60,000 units per quarter. The following additional information is available. During the current quarte, the company operated at 908 of copacity and produced 54,000 units; actual direct labor totaled 265000 hours. Units produced were assigned the following standard costs. Required: (a) Compute the variable overhead spending and efficiency variances. (b) Compute the fixed overhead spending and volume variances. (c) Compute the overhead 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 "cost per unit" and "rate per h pute the variable overhead spending and efficiency variances. indicate the elfect of each variance by selecting favonable. pute the fixed overhead spending and volume variances. if Indicate the effect of each variance by selecting favorable, unfa wocable. Compute the total controllable variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance Step by Step Solution
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