Required information [The folio wing information applies to the questions displayed below} Trini Company set the following standard costs per unit for its single product Direct materials (33 pounds @ $4.93 per pound} $ 14?.33 Direct labor (4 hours @ $16 per hour] 64.33 Variable overhead [4 hours @ $6 per hour} 24.33 Fixed overhead {4 hours @ $13 per hour) 43.33 Standard cost per unit $ 275-33 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 53,000 units per quarter. The following additional information is available. One rat ing Level 5 73% 5396 9m- Production (in units) 3?.133 42,433 4?,?33 Standard direct labor hours (4 DLHfunit] 148.433 169,633 193,333 Budgeted overhead [flexible budget} Fixed overhead $ 1,695,030 3 1,696,380 $ 1,696,088 Variable overhead 5 893.433 $ 1,31?,633 $ 1,144,333 During the current quarter, the company operated at 90% of capacity and produced 47,700- units; actual direct labor totaled 185.800 hours. Units produced were assigned the following standard costs. Direct materials (1.431.333 pounds @ $4.93 per pound) $ ?,311,933 Direct labor [193,833 hours @ $16 per hour] 3,352,333 Overhead {193,333 hours @ $16 per hour) 3,352,333 Standard {budgeted} cost $ 13,11?,533 Actual costs incurred during the current quarter follow. Direct materials (1.412.333 pounds @ $}'.?3 per pound) 5 13,319,433 Direct labor (135,833 hours @ $11.33 per hour) 2,343,333 Fixed overhead 1,318,533 Variable overhead 1,232,733 Actual cost $ 15,51?,433 Variable overhead 1, 282, 700 Actual cost $ 15, 517, 400 Required: (a) Compute the variable overhead spending and efficiency variances. b) Compute the fixed overhead spending and volume variances. c) Compute the overhead controllable variance. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the variable overhead spending and efficiency variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "cost per unit" and "rate per hour" answers to 2 decimal places.) Actual Variable OH Cost Flexible Budget Standard Cost (VOH applied) $ O Variable overhead 1, 282, 700 Actual cost $ 15, 517, 400 Required: (a) Compute the variable overhead spending and efficiency variances. b) Compute the fixed overhead spending and volume variances. c) Compute the overhead controllable variance. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the fixed overhead spending and volume variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "cost per unit" and "rate per hour" answers to 2 decimal places.) Actual Fixed OH Cost Budgeted Overhead Standard Cost (FOH applied) $ O O Required A Required C >Variable overhead 1, 282, 700 Actual cost $ 15, 517, 400 Required: (a) Compute the variable overhead spending and efficiency variances. b) Compute the fixed overhead spending and volume variances. c) Compute the overhead controllable variance. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the overhead controllable variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Overhead Controllable Variance Controllable variance