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Required Information [The following informotion opplies to the questions clisployed below.] Trini Company set the following standard costs per unit for its single product Overhesd
Required Information [The following informotion opplies to the questions clisployed below.] Trini Company set the following standard costs per unit for its single product Overhesd is opplied using direct lobor hours. The stondord overhead rote is bosed on a predicted sctivity level of 80% of the compony's capocity of 67,000 units per quorter. The following odditionsl informotion is ovailable. During the current qusrter, the company operoted ot 90% of copscity and produced 60,300 units; sctual direct labor totaled 184,800 hours. Units produced were sssigned the following standard costs. Actual costs incurred during the current quarter follow. Required: (a) Compute the varisble overhesd spending and efficiency vorisnces. (b) Compute the fixed overheod spending ond volume vorisnces. (c) Compute the overhead controlloble variance. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required: (a) Compute the varisble overhesd spending and efficiency vorisnces. (b) Compute the fixed overhead spending ond volume voriances. (c) Compute the overhesd controlloble voriance. Complete this question by entering your answers in the tabs below. Compute the overhead controllable variance. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance
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