[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. @ $4.80 per Ib.)	$	144.00
Direct labor (7 hrs. @ $14 per hr.)		98.00
Factory overheadvariable (7 hrs. @ $6 per hr.)		42.00
Factory overheadfixed (7 hrs. @ $9 per hr.)		63.00
Total standard cost	$	347.00

The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 64,000 units per quarter. The following flexible budget information is available.

	Operating Levels
		70%		80%		90%
Production in units		44,800		51,200		57,600
Standard direct labor hours		313,600		358,400		403,200
Budgeted overhead
Fixed factory overhead	$	3,225,600	$	3,225,600	$	3,225,600
Variable factory overhead	$	1,881,600	$	2,150,400	$	2,419,200

During the current quarter, the company operated at 90% of capacity and produced 57,600 units of product; actual direct labor totaled 400,200 hours. Units produced were assigned the following standard costs.

Direct materials (1,728,000 Ibs. @ $4.80 per Ib.)	$	8,294,400
Direct labor (403,200 hrs. @ $14 per hr.)		5,644,800
Factory overhead (403,200 hrs. @ $15 per hr.)		6,048,000
Total standard cost	$	19,987,200

Actual costs incurred during the current quarter follow.

Direct materials (1,715,000 Ibs. @ $6.30 per lb.)	$	10,804,500
Direct labor (400,200 hrs. @ $11.00 per hr.)		4,402,200
Fixed factory overhead costs		2,813,800
Variable factory overhead costs		2,634,200
Total actual costs	$	20,654,700

1. Compute the direct materials cost variance, including its price and quantity variances. AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price

Actual Cost			0				0	Standard Cost
			$0	0			$0
				$0
				0

2. Compute the direct labor cost variance, including its rate and efficiency variances. AH = Actual Hours SH = Standard Hours AR = Actual Rate SR = Standard Rate

Actual Cost			0				0	Standard Cost
			$0	0			$0
				$0
				0

3. Compute the overhead controllable and volume variances.

Controllable Variance
Actual overhead
Budgeted overhead
Controllable variance