a) compute the variable overhead spending & efficiency variances

b) compute the fixed overhear spending and volume variances

c) compute the over head controllable variance

Required information [The following information applies to the questions displayed below) Trini Company set the following standard costs per unit for its single product Direct materials (30 pounds @ $4 per pound) Direct labor (5 hours @ $14 per hour) Variable overhead (5 hours @ $8 per hour) Fixed overhead (5 hours @ $10 per hour) Standard cost per unit $ 120.ee 78.ee 40.00 50.ee $ 280.ee Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% of the company's capacity of 60,000 units per quarter. The following additional information is available Operating Level: 70% 80% 90% Production (in units) 42,000 units 48,000 units 54,000 units Standard direct labor hours (5 DLH/unit) 210,000 hours. 240,000 hours 270,000 hours Budgeted overhead (flexible budget) Fixed overhead $ 2,400,000 $ 2,400,000 $ 2,400,000 Variable overhead $1,680,000 $ 1,920,000 $ 2,160,000 During the current quarter, the company operated at 90% of capacity and produced 54,000 units; actual direct lobor totaled 265,000 hours. Units produced were assigned the following standard costs Direct materials (1,620,000 pounds $4 per pound) $ 6,450,000 Direct labor (270,000 hours $14 per hour) 3,780,000 overhead (270,000 hours @ $18 per hour) 4,860,000 Standard (budgeted) cost $ 15,120,eee Actual costs incurred during the current quarter follow Direct materials (1,615,080 pounds a $4.18 per pound) $ 6,621,500 Direct labor (265,000 hours @ $13.75 per hour) 3,643,75e Fixed overhead 2,350,000 Variable overhead 2,200,000 Actual cost $ 14,815,25e door no vanance. Hound cost perunt and rate per hour answers Actual Variable OH Cost Actual hours X Actual variable rato 285,000 Flexible Budget Standard vantable Actual hours 265,000 Standard Contoh Stand hours 270,000 $ 1.000.000 Standard 4.00 $ Compute the foxed overhead spending and volume variances. (Indicate the ettece of each variance by selecting favorable, unfavorable, ar na variance. Round cost per unit and ruta per hour answers to 2 decimal places.) Actual Fund OH Cost Budgeted Overhead Standard Cost FOH applied 0 0