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4a help pls Trini Company set the following standard costs per unit for its single product. Overhead is applied using direct labor hours. The standard
4a help pls
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 actlvity level of 80% of the company's capacity of 60,000 units per quarter. The following additional information is avallable. During the current quarter, the company operated at 90% of capacity and produced 54,000 units, actual direct labor totaled 265,000 hours. Units produced were assigned the following standard costs. totaled 265,000 hours. Units produced were assigned the following standard costs. Required: 1. Compute the direct materials variance, including its price and quantity variances. 2. Compute the direct labor variance, including its rate and efficiency variances. 3. Compute the overhead controllable and volume variances. Complete this question by entering your answers in the tabs below. Compute the direct materlals variance, including its paice and quantity varlances. Note: Tndicate the elfect of each variance by selecting favornble, unfavorable, or no variance. Povind "Cost per anit" Compute the direct labor variance, including its rate and efficiency variances. Note: Indicate the offect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" andwert to the decimal places. compute the overhead controllable variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Compute the overhead volume variances. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance Step by Step Solution
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