Required information Use the following information for the Problems below. (Algo) [The following information applles 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 66,000 units per quarter. The following additional information is available. During the current quarter, the company operated at 90% of capacity and produced 59,400 units; actual direct labor totaled 369,400 hours. Units produced were assigned the following standard costs. Problem 21-4A (Algo) Computing materials, labor, and overhead variances LO P3, P4 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 controllable and volume variances. Required: 1. Compute the direct materials variance, including its price and quantity variances. 2. Compute the direct labor variance, including its rate and efficlency variances. 3. Compute the overhead controllable and volume variances. Complete this question by entering your answers in the tabs below. te and quantity variances. efficiency variances. ices. n the tabs below. e and quantity variances, (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit ngute the direct isbor variance, inciuding its rate and ethciency vanances npute the overhead controlable and volume variances mplete this question by entering your answers in the tabs below. Problem 21-4A (Algo) Computing materials, labor, and overhead variances LO P3, 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 controllable 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, unfavc variance.) Problem 21-4A (Algo) Computing materials, labor, and overhead variances LO P3, P4 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 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.)
