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please solve each part of the question i would like my question to be answered on here thats why i paid for chegg! Trini Company
please solve each part of the question
i would like my question to be answered on here thats why i paid for chegg!
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 80% of the company's capacity of 65,000 units per quarter. The following additional information is available. During the current quarter, the company operated at 90% of capacity and produced 58,500 units; actual direct labor totaled 465,000 hours. Units produced were assigned the following standard costs. Actual costs incurred during the current quarter follow. Complete this question by entering your answers in the tabs below. Compute the direct materials variance, including its price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the direct labor variance, including its rate and efficiency variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Compute the overhead controllable variance. Note: Indicate the effect of the variance by selecting favorable, unfavorable, or no variance. Complete this question by entering your answers in the tabs below. 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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