Required information [The following information applies to the questions displayed below]. Trini 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 53,000 units per quarter. The foliowing additional information is avaliable. During the current quarter, the company operated at 90% of capacity and produced 47,700 units: actual direct labor totaled 185,800 hours. Units produced were assigned the following standard costs Cemplete this auestifan by enteritig your answers in the tabs belowi: Complete this question by entering your answert in the tabs below. 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 controllabie 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 no variance.) Required: 1. Compute the direct materials variance, including its price and quantity variances. 2. Compute the direct labor variance, including its rate and efficlency varlances. 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.) Required information [The following information applies to the questions displayed below]. Trini 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 53,000 units per quarter. The foliowing additional information is avaliable. During the current quarter, the company operated at 90% of capacity and produced 47,700 units: actual direct labor totaled 185,800 hours. Units produced were assigned the following standard costs Cemplete this auestifan by enteritig your answers in the tabs belowi: Complete this question by entering your answert in the tabs below. 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 controllabie 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 no variance.) Required: 1. Compute the direct materials variance, including its price and quantity variances. 2. Compute the direct labor variance, including its rate and efficlency varlances. 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.)