Requlred Information [The following informotion opplies to the questions disployed below.] Trini Compony set the following stendard costs per unit for its single product Overheso is applied using direct labor hours. The standord overhead rote is bosed on a predicted activity level of 80% of the compony's capacity of 61,000 units per quarter. The following additional information is aveilable. During the current quarter, the compony operated at 90% of copocity and produced 54,900 units; octusl direct labor totaled 316,300 hours. Units produced were assigned the following standerd costs. Acturl costs incurred during the current quarter follow. Required: 1. Compute the direct msterials variance, including its price and quantity variances. 2. Compute the direct labor veriance, including its rete and efficiency veriances. 3. Compute the overhesd controllable and volume veriences. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. 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.) 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.)