Required information [The following information applies to the questions displayed below] Trint 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 66,000 units per quarter. The following additional information is available. During the current quarter, the company operated at 90% of capacity and produced 59,400 units; actual direct labor totaled 303,800 hours. Units produced were assigned the following standard costs. 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. Regulred: 1. Compute the direct maderiah vanancei inctudeng tid orice and quantity varimceli: 2. Corfpute the diectubor variance, inclyding hs rote and elficlency variancel: 3. Compute the overhesd controlleble and volume variances Complete thit quettion by entering your anwwers in the tabe below. Aeguired: 1. Compeite the direct mbterials Variance, including its prige and suarity vabianced 2. Compeite the dired labor varance. mchading its tate and efichency vadances. 3. Comenut the overhesd controliabie and volume variachoes Complete this question by entering yeur anowere in the tahs betew 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. Complete this question by entering your answers in the tabs below. Compute the overhead controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or variance.) 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. Complete this question by entering your answers in the tabs below. Compute the overhead volume variances. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)