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 @ $5.10 per pound) $ 153.00 Direct labor (6 hours @ $15 per hour) 90.00 Variable overhead (6 hours @ $7 per hour) Fixed overhead (6 hours @ $11 per hour) Standard cost per unit $ 351.00 42.00 66.00 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 56,000 units per quarter. The following additional information is available. Operating Levels 70% 80% 39,200 44,800 235,200 268,800 90% 50,400 302,400 Production (in units) Standard direct labor hours (6 DLH/ unit) Budgeted overhead (flexible budget) Fixed overhead Variable overhead $ 2,956,800 $ 1,646,400 $ 2,956,800 $ 1,881,600 $ 2,956,800 $ 2,116,800 During the current quarter, the company operated at 90% of capacity and produced 50,400 units; actual direct labor totaled 299,400 hours. Units produced were assigned the following standard costs. Direct materials (1,512,000 pounds @ $5.10 per pound) Direct labor (302,400 hours @ $15 per hour) Overhead (302,400 hours @ $18 per hour) Standard (budgeted) cost $ 7,711,200 4,536,000 5,443,200 $ 17,690,400 Actual costs incurred during the current quarter follow. Direct materials (1,499,000 pounds @ $6.30 per pound) Direct labor (299,400 hours @ $12.50 per hour) Fixed overhead Variable overhead Actual cost $ 9,443,700 3,742,500 2,604,700 2,438,500 $ 18, 229,400 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 A Required B Required 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.) Actual Variable OH Cost Flexible Budget Standard Cost (VOH applied) Required A Required B Required C Compute the fixed overhead spending and volume 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.) Actual Fixed OH Cost Budgeted Overhead Standard Cost (FOH applied) Required A Required B Required C Compute the overhead controllable variance. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Overhead Controllable Variance Controllable variance