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[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 @ $5.10 per pound)	$ 153.00
Direct labor (4 hours @ $15 per hour)	60.00
Variable overhead (4 hours @ $6 per hour)	24.00
Fixed overhead (4 hours @ $11 per hour)	44.00
Standard cost per unit	$ 281.00

Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% of the companys capacity of 68,000 units per quarter. The following additional information is available.

	Operating Levels
	70%	80%	90%
Production (in units)	47,600	54,400	61,200
Standard direct labor hours (4 DLH/unit)	190,400	217,600	244,800
Budgeted overhead (flexible budget)
Fixed overhead	$ 2,393,600	$ 2,393,600	$ 2,393,600
Variable overhead	$ 1,142,400	$ 1,305,600	$ 1,468,800

During the current quarter, the company operated at 90% of capacity and produced 61,200 units; actual direct labor totaled 239,800 hours. Units produced were assigned the following standard costs.

Direct materials (1,836,000 pounds @ $5.10 per pound)	$ 9,363,600
Direct labor (244,800 hours @ $15 per hour)	3,672,000
Overhead (244,800 hours @ $17 per hour)	4,161,600
Standard (budgeted) cost	$ 17,197,200

Actual costs incurred during the current quarter follow.

Direct materials (1,826,000 pounds @ $6.70 per pound)	$ 12,234,200
Direct labor (239,800 hours @ $12.00 per hour)	2,877,600
Fixed overhead	1,942,800
Variable overhead	1,818,800
Actual cost	$ 18,873,400

rev: 09_30_2021_QC_CDR-376

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.

Compute the direct materials variance, including its price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places.)