Check 7 Heroines Trini Company set the following standard costs per unit for its single product Direct materials (30 pounds 14 per pound) Direct Labor (5 hours 514 ) Variable overhead ( hours 30 per hour Tied overhead hours 570 per hour - Standard coat PURI $320.00 10.00 40.00 SOLOD 5.200.00 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 quartet. The following additional Information is available Operative JON Production in unita) 42,000 units 48.000 54.000 units standard direct labor hours 5 bit) 210.000 hours 240,000 hours 279,00 hours Budgeted overhead flexible budget) Fixed overhead 52,400,000 $2.400.000 5.2.400.000 Variable overhead 5.1,600,000 5. 1.920,000 5.2.160,000 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. Direct materiais (1,625,000 pounds 54 per pound $6.400.000 Direct labor (270,000 hours 514 per hour) 3,780,000 Overhead 1270,000 hours 518 per hour) 4.260.000 Standard budgeted) cost 15.120.000 Actual costs incurred during the current quarter follow Direct materials (1.615,000 pounds $4.10 per pound 9.6.621.500 Direct labor (265,000 hours $13.75 per hour 3.6).750 Fixed overhead 2,350,000 Variable overhead 2.200.000 Actual cont $ 14, 815,250 Required: 1. Compute the direct materiais 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. Reo Req1 Reg? Controllable Reg Volume Variance Variance Compute the direct materiais variance, including its price and quantity variances indicate the effect of each variance by selecting favorit unfavorable or no variance decimal places Actual Cour 23 1. Compute the direct materiais 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. For Heg Hot Rhaz Cante Reg Volume Varance Varande Compute the direct labor variance, induding its rate and efficiency variance Indicate the effect of each variance by selecting favor, uneori ora to two decimal places) Allt Cat 19 Required 1. Comote the direct materiais variance, including ita price and quantity wariances 2. Compute the direct labor variance, including its rate and efficiency variances 3. Com the overhead control and volume variance Complete this vestion by entering your answers in the tabs below. R Het Hea Control Revo Vwce Varen Compute the head controllable variance. Cu the thee of the variance to windings overable, unwort, or Achillova Budgeted to vel Controle vanno Reg2 Reg 3 Volume Variance > Actual coat 14.115.25 125 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. Red R1 Controle Req dume Variance Comote the overhead volume variances. (Indicate the effect of the variance by selecting favorable, unfavorable, variance) Volume wanane Budgeted total overhead Standard overheaded Volume Variance