The following information applies to the questions displayed below.] Trini Company set the following standard costs per unit for its single product

Direct materials (30 pounds @ $4.90 per pound)	$ 147.00
Direct labor (4 hours @ $16 per hour)	64.00
Variable overhead (4 hours @ $6 per hour)	24.00
Fixed overhead (4 hours @ $10 per hour)	40.00
Standard cost per unit	$ 275.00

Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% of the companys capacity of 53,000 units per quarter. The following additional information is available.

	Operating Levels
70%	80%	90%
Production (in units)	37,100	42,400	47,700
Standard direct labor hours (4 DLH/unit)	148,400	169,600	190,800
Budgeted overhead (flexible budget)
Fixed overhead	$ 1,696,000	$ 1,696,000	$ 1,696,000
Variable overhead	$ 890,400	$ 1,017,600	$ 1,144,800

During the current quarter, the company operated at 90% of capacity and produced 47,700 units; actual direct labor totaled 185,800 hours. Units produced were assigned the following standard costs.

Direct materials (1,431,000 pounds @ $4.90 per pound)	$ 7,011,900
Direct labor (190,800 hours @ $16 per hour)	3,052,800
Overhead (190,800 hours @ $16 per hour)	3,052,800
Standard (budgeted) cost	$ 13,117,500

Actual costs incurred during the current quarter follow.

Direct materials (1,412,000 pounds @ $7.70 per pound)	$ 10,872,400
Direct labor (185,800 hours @ $11.00 per hour)	2,043,800
Fixed overhead	1,318,500
Variable overhead	1,282,700
Actual cost	$ 15,517,400

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. Complete this question by entering your answers in the tabs below. Requlred: 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, 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.)