Required information Use the following information for the Problems below. [The following information applies to the questions displayed below) Trico Company set the following standard unit costs for its single product. Direct materials (30 lbs. $4.30 per Ib.) Direct labor (6 hrs. $14 per hr.) Factory overhead-Variable (6 hos. 57 per hr.) Factory overhead-Fixed (6 hrs. $9 per hr.) Total standard cost $144.00 84.00 42.00 54.00 $324.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 57.000 units per quarter. The following flexible budget Information is available. Operating Levels 700 BON 904 Production in unita 39,900 45,600 51,300 Standard direct labor hours 239,400 273,600 307.000 Budgeted overhead Pixed factory overhead $2,462,400 $2,462,400 $2,462,400 Variable factory overhead $1,675,800 $1,915,200 $2,154,600 During the current quarter, the company operated at 90% of capacity and produced 51,300 units of product, actual direct labor totaled 304,800 hours. Units produced were assigned the following standard costs. Direct materials (1,539,000 lbs. $4.80 per 1b.) Direct labor (307,000 hrs. $14 per hr.) Tactory overhead (307,00 hrs. $16 per hr.) Total standard cost $ 7,387,200 4.309.200 4.924,000 $16.621.200 Actual costs incurred during the current quarter follow. Direct materials (1,519,000 tbs. 07.30 per lb.) Direct labor (304,800 hrs.. 13.00 per hr.) Fixed factory overhead coats Variable factory overhead coats Total actual conta $11.088,700 3.962,400 2,339,000 2.182.300 19.575.900 Problem 23-5AA Expanded overhead variances LO PS (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. Required A Required Required 8