Trico Company set the following standard unit costs for its single product.

Direct materials (30 Ibs. @ $4.90 per Ib.)	$	147.00
Direct labor (4 hrs. @ $16 per hr.)		64.00
Factory overheadvariable (4 hrs. @ $6 per hr.)		24.00
Factory overheadfixed (4 hrs. @ $10 per hr.)		40.00
Total standard cost	$	275.00

The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 53,000 units per quarter. The following flexible budget information is available.

	Operating Levels
		70%		80%		90%
Production in units		37,100		42,400		47,700
Standard direct labor hours		148,400		169,600		190,800
Budgeted overhead
Fixed factory overhead	$	1,696,000	$	1,696,000	$	1,696,000
Variable factory 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 of product; actual direct labor totaled 185,800 hours. Units produced were assigned the following standard costs.

Direct materials (1,431,000 Ibs. @ $4.90 per Ib.)	$	7,011,900
Direct labor (190,800 hrs. @ $16 per hr.)		3,052,800
Factory overhead (190,800 hrs. @ $16 per hr.)		3,052,800
Total standard cost	$	13,117,500

Actual costs incurred during the current quarter follow.

Direct materials (1,412,000 Ibs. @ $7.70 per lb.)	$	10,872,400
Direct labor (185,800 hrs. @ $11.00 per hr.)		2,043,800
Fixed factory overhead costs		1,318,500
Variable factory overhead costs		1,282,700
Total actual costs	$	15,517,400

Required: 1. Compute the direct materials cost variance, including its price and quantity variances.

Actual Cost Standard Cost 2. Compute the direct labor cost variance, including its rate and efficiency variances Actual Cost Standard Cost 3. Compute the overhead controllable and volume variances. Controllable Variance Actual overhead Budgeted overhead Controllable variance Fixed overhead volume variance Budgeted fixed overhead Fixed overhead cost applied Fixed overhead volume variance