Required information [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 $4.90 per pound) Direct labor (4 hours $16 per hour) Variable overhead (4 hours $6 per hour) Fixed overhead (4 houra e $10 per hour) Standard cost per unit $ 147.00 64.00 24.00 40.00 $ 275.00 Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% the company's capacity of 67,000 units per quarter. The following additional information is available. Operating Lovela 701 B01 900 Production (in unito) 46,900 53,600 60,300 Standard direct labor hours 4 DLH/units) 187,600 214,400 241,200 Budgeted overhead (flexible budget) Pixed overhead $ 2,144,000 $ 2,144,000 $ 2,144,000 Variable overhead $ 1,125,600 $ 1,206,400 $1.447,200 During the current quarter, the company operated at 90% of capacity and produced 60,300 units; actual direct labor totaled 184,800 hours, Units produced were assigned the following standard costs. Direct materials (1.809,000 pounde $4.90 per pound) $ 8,864,100 Direct labor (241,200 hours $16 per hour) 3,859,200 Overhead (241,200 hours $16 per hour) 3,859,200 Standard (budgeted) coat $ 16,582,500 Actual costs incurred during the current quarter follow. Direct materials (1.413,000 pounds $7.70 per pound) Direct labor (184,800 hours $11.10 per hour) Pixed overhead Variable overhead $ 10,880, 100 2,051,280 1,318,400 1,732,600 $ 15,982,380 Actual cost Complete this question by entering your answers in the tabs below. Rea RALI 22 Controlable Rega Volume Variance Variance Compute the direct materiais variance, including price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit answers andard Coat Actual Cost 0 $ Reg 2 > os Complete this question by entering your answers in the tabs below. Red Het Rea 2 Controlle Reg Volume Varance Variance Compute the direct labor variance, including its rate and efficiency variances, (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour answers to Actual Cost Standard Cest 0 0 Reg Controllable Variante Complete this question by entering your answers in the tabs below. Req3 Req 1 Reg 2 Controllable Req 3 Volume Variance Variance Compute the overhead controllable variance. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) Controllablo Variance Actual total overhead Budgeted total overhead Controllable variance Complete this question by entering your answers in the tabs below. Reg 3 Reg 1 Reg 2 Req 3 Volume Controllable Variance Variance Compute the overhead volume variances. (Indicate the effect of the variance by selecting favorable, unfavorab variance.) Volume variance Budgeted total overhead Standard overhead applied Volume variance
