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 (30 Ibs. e $4.00 per Ib. $120.00 Direct labor (7 hrs. $14 per hr) Factory overhead-variable (7 hrs. e $7 per hr.) Factory overhead-fixed (7 hrs. @ $11 per hr.).00 Total standard cost 98.00 49.00 . $344.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 63,000 units per quarter. The following flexible budget information is available 70% 44,100 308,700 erating Levels 80% 50,400 352,800 90% Production in units Standard direct labor hours Budgeted overhead 56,700 396,900 Fixed factory overhead $3,880,800 $3,880,800 $3,880,800 $2,160,900 $2,469,600 $2,778,300 Variable factory overhead During the current quarter, the company operated at 90% of capacity and produced 56,700 units of product; actual direct labor totaled 393,900 hours. Units produced were assigned the following standard costs Direct materials (1,701,000 Ibs. $4.00 per Ib.) Direct labor (396,900 hrs.e $14 per hr.) Factory overhead (396,900 hrs. e 18 per hr.) Total standard cost 6,804,000 5,556,600 7,144,200 $19,504,800 Actual costs incurred during the current quarter follow. Direct materials 1,686,000 Ibs. e $5.10 per lb.) $ 8,598,600 btrect labor (393, hr. 12.00 per 4,726, 80 hr.) Fixed factory overhead costs Variable factory overhead costs Total actual costs 4,726,800 3,380,000 3,164,200 $19,869,600 (a) Compute the variable overhead spending and efficiency variances. (Round "cost per unit" and "rate per hour" answers to 2 decimal places.) Actual Variable OH Cost Flexible Budget Standard Cost (VOH applied) 0 (b) Compute the fixed overhead spending and volume variances. (Round "cost per unit" and "rate per hour" answers to 2 decimal places.) Actual Fixed OH Cost Budgeted Overhead Standard Cost (FOH applied) 0 (c) Compute the total overhead controllable variance Overhead Controllable Variance Total overhead controllable variance