Required information The following information applies to the questions displayed below. Trini Company set the following standard costs per unit for its single product $ 153.00 112.00 Direct materials (30 pounds @ $5.10 per pound) Direct labor (8 hours @ $14 per hour) Variable overhead (8 hours @ $6 per @ hour) Fixed overhead (8 hours @ $12 per hour) Standard cost per unit 48.00 96.00 $ 409.00 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. Operating Levels 70% 80% 90% Production (in units) 46,200 52,800 59,400 Standard direct labor hours (8 DLH/unit) 369,600 422,400 475,200 Budgeted overhead (flexible budget) $ Fixed overhead $ $ 5,068,800 5,068,800 5,068, 800 $ Variable overhead $ $ 2,217,600 2,534,400 2,851,200 During the current quarter, the company operated at 90% of capacity and produced 59,400 units; actual direct labor totaled 369,400 hours. Units produced were assigned the following standard costs Direct materials (1,782,000 pounds @ $5.10 per pound) $ 9,088,200 Direct labor (475,200 hours @ $14 per hour) 6,652,800 Overhead (475,200 hours $18 per hour) 8,553,600 Standard (budgeted) cost $ 24,294,600 Actual costs incurred during the current quarter follow. Direct materials (1,387,000 pounds @ $6.70$ 9,292,900 per pound) Direct labor (369,400 hours @ $11.60 per hour) 4,285, 040 Fixed overhead 3,196,500 Variable overhead 3,466, 700 Actual cost 20, 241, 140 $ 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 Required Required B B 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.)