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PLease organize exactly as seen, I get confused very easily, thank you so much! The following information applies to the questions displayed below.] Trico Company

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PLease organize exactly as seen, I get confused very easily, thank you so much!

The following information applies to the questions displayed below.] Trico Company set the following standard unit costs for its single product Direct materials (29 lbs. $3 per lb.) Direct labor (6 hrs. $6 per hr.) Factory overhead-variable 16 hrs. S4 per hr.) Factory overhead-foed (6 hrs. $5 per hr.) S 87.00 36.00 24.00 30.00 Total Standard cost S 177.00 The predetermined overhead rate is based on a planned operating volume of 70% of the productive capacity of 70,000 units per quarter. The following flexible budget information is available. Operating Levels 60% 42.000 252.000 70% 49.000 294,000 80% 56.000 336,000 Production in units Standard direct labor hours Budgeted overhead Fixed factory overhead Variable factory overhead $ 1,470,000 $ 1,008,000 $ 1,470,000 $1176,000 $ 1,470,000 $1,344,000 During the current quarter, the company operated at 80% of capacity and produced 56,000 units of product: actual direct labor totaled 333,000 hours. Units produced were assigned the following standard costs: Direct materials (1.624,000 lbs. $3 per lb.) Direct labor (336,000 hrs. $6 per hr.) Factory overhead (336,000 hrs. $9 per hr.) $ 4,872.000 2,016,000 3,024,000 Total standard cost $ 9,912,000 Actual costs incurred during the current quarter follow. $ Direct materials (1.619.000 lbs. $3.10 per lib.) Direct labor (333,000 hrs. $5.75 per hr.) Fixed factory overhead costs Variable factory overhead costs 5,018.900 1.914750 2.953,019 2,764,528 Total actual costs $ 12,651,197 Required: 1. Compute the direct materials cost variance, including its price and quantity variances. Actual Cost Standard Cost 2. Compute the direct labor variance, including its rate and efficiency variances. Actual Cost Standard Cost $ 0 3. Compute the overhead controllable and volume variances. Controllable Variance Actual overhead Budgeted overhead Controllable variance Fixed overhead volume variance Budgeted fixed overhead Fixed overhead cost applied Foxed Overhead volume Varance

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