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

IMO company set the tollowrng standard unit costs for Its smgle product. Direct materials (30 lbs. @ $5.10 per lb.) 5) 153.00 Direct labor (4 hrs. @ $15 per hr.) 60.00 Factory overheadvariable (4 hrs. @ $6 per hr.) 24.00 Factory overheadfixed (4 hrs. @ $10 per hr.) 40.00 Total standard cost $ 277.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 68,000 units per quarter. The following flexible budget information is available. Operating Levels 70% 80% 90% Production in units 47,600 54,400 61,200 Standard direct labor hours 190,400 217,600 244,800 Budgeted overhead Fixed factory overhead :6 2,175,000 $ 2,176,000 $ 2,176,000 Variable factory overhead 3; 1,142,400 $ 1,305,600 $ 1,468,800 During the current quarter, the company operated at 90% of capacity and produced 61,200 units of product; actual direct labor totaled 238,800 hours. Units produced were assigned the following standard costs. Direct materials (1,836,000 lbs. @ $5.10 per lb.) 5) 9,363,600 Direct labor (244,800 hrs. @ $15 per hr.) 3,672,000 Factory overhead (244,800 hrs. @ $16 per hr.) 3,916,800 Total standard cost $ 16,952,400 Actual costs incurred during the current quarter follow. Direct materials (1,822,000 lbs. @ $6.70 per lb.) 35 12,207,400 Direct labor (238,800 hrs. @ $12.10 per hr.) 2,889,480 Fixed factory overhead costs 1,942,700 Variable factory overhead costs 1,668,700 Total actual costs $ 18,708,280 (a) Compute the variable overhead spending and efciency variances. (Round "cost per unit" and "rate per hour" answers to 2 decimal places.) AH = Actual Hours SH = Standard Hours AVR = Actual Variable Rate SVR = Standard Variable Rate (b) Compute the xed overhead spending and volume variances. (Round "cost per unit" and "rate per hour" answers to 2 decimal places.) AH = Actual Hours SH = Standard Hours AFR = Actual Fixed Rate SFR = Standard Fixed Rate