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 (38 Tbs. 84 per Ib.) Direct labor (5 hrs. @ 514 per hr.) Factory overhead Variable (5 hrs. $8 per hr.) Factory overhead-Fixed (5 hrs. sie per hr.) Total standard cost $ 120.00 70.00 4.ee 50.00 $ 280.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 60,000 units per quarter. The following flexible budget information is available Operating Levels 78% BOX 90% Production in units 42,000 48,000 54,000 Standard direct labor hours 210,000 240,000 270,000 Budgeted overhead Fixed factory overhead $2,400,000 $2,400,000 $2,400,000 Variable factory overhead $1,680,000 $1,920,000 $2,160,000 Duning the current quarter the company operated at 90% of capacity and produced 54,000 units of product, actual direct labor totaled 265.000 hours. Units produced were assigned the following standard costs Direct materials (1,620,000 lbs. @ 54 per Ib.) Direct labor (278,8eebes. $14 per he.) Factory overhead (270,00 hrs. $18 per hr.) Total standard cost $ 6,480,000 3,780,000 4,860,000 $15, 120,000 1 of 1 Next be here to search o During the current quarter the company operated at 90% of capacity and produced 54.000 units of product, actual direct labor totaled 265,000 hours. Units produced were assigned the following standard costs. Direct materials (1,620,000 lbs. @ 54 per Ib.) Direct labor (270,000 hrs. 514 per he.) Factory overhead (270,888 hrs. $18 per hr.) Total standard cost $ 6,480,000 3,780,000 4,860,000 $15,120,000 Actual costs incurred during the current quarter follow, Direct materials (1,615,000 lbs. 54.10 per 1b. Direct Labor (265,000 hrs. $13.75 per he.) Fixed factory overhead costs Varlable factory overhead costs Total actual costs 56,621,500 3,643,750 2,350,000 2,200,000 $14,515,250 (a) Compute the variable overhead spending and efficiency variances (b) Compute the fixed overhead spending and volume variances (c) Compute the total overhead controllable variance Complete this question by entering your answers in the tabs below. Required Required Required Compute the variable vechead spending and efficiency variances (Round cost per un wel rute per hour answers to 2 decimal poo) RA erede Compute the variatie overhead spending and efficiency variance (Round con unit and rate per hour awwers to de Actual Variable OH Com Actual Tours Achable 26.000 5 5 2.200.000 Flie Budget Standard sale x $ 12.120,000 Seandard Contoh Applied Shout 200 5 DOO 30 000 265.000 50.000 40 . info Varusteiden van Vw we ODO 40 DO Maguire Complete this question by entering your answers in the tabs below. Mequired A Required Required Compute the fixed Overhead spending and volume variances (Rondo per unit and rare per lowers to 2 de Actual Fixed OH Cost Budgeted raad Standard Cost (FOH applied Ad hours Standard and rate Sundador Start D Required A Complete this question by entering your answers in the tabs below. ok SK Required A Required B Required int Compute the total overhead controllable variance. cences Overhead Controllable Variance Variable overhead efficiency variance Variable overhead spending variance Fixed overhead spending vanance Total overhead controllable variance