Required information [The following information applies to the questions displayed below.] Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. $5.00 per Ib.) Direct labor (7 hrs. $14 per hr.) Factory overhead-variable (7 hrs. $7 per hr.) Factory overhead-fixed 7 hrs. $9 per hr. Total standard cost $150.00 98.00 49.00 63.00 $360.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 51,000 units per quarter. The following flexible budget information is available 70% 35,700 249,900 eratingLevels 80% 40,800 285,600 90% Production in units Standard direct labor hours Budgeted overhead 45,900 321,300 Fixed factory overhead variable factory overhead $2,570,400 $2,570,400 $2,570,400 $1,749,300 $1,999,200 $2,249,100 During the current quarter, the company operated at 90% of capacity and produced 45,900 units of product, actual direct labor totaled 317,300 hours. Units produced were assigned the following standard costs Direct materials (1,377,000 Ibs. $5.00 per Ib.) Direct labor (321,300 hrs. $14 per hr.) Factory overhead (321,300 hrs. $16 per hr.) Total standard cost $ 6,885,000 4,498,200 5,140,800 $16,524,000 Actual costs incurred during the current quarter follow Direct materials (1,358,000 Ibs. $7.80 per lb.) Direct labor (317,300 hrs. $11.00 per hr.) Fixed factory overhead costs Variable factory overhead costs Total actual costs $10,592,400 3,490,300 2,448,500 2,292,300 $18,823,500 (a) Compute the variable overhead spending and efficiency variances. (Round "cost per unit" and "rate per hour" answers to 2 decimal places.) Actual Variable OH Cost Flexible Budget Standard Cost (VOH applied) (b) Compute the fixed overhead spending and volume variances. (Round "cost per unit" and "rate per hour" answers to 2 decimal places.) Actual Fixed OH Cost Budgeted Overhead Standard Cost (FOH applied) 0 (c) Compute the total overhead controllable variance. Overhead Controllable Variance Total overhead controllable variance