Trico Company set the following standard unit costs for its single product. Direct materials (30 lbs. @ $4.80 per Ib.) Direct labor (7 hrs. $14 per hr) Factory overhead-variable 7 hrs. @ $5 per hr.) Factory overhead-fixed (7 hrs. @ $9 per hr.) Total standard cost $144.00 98.00 42.00 63.00 $347.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 67,000 units per quarter. The following flexible budget information is available. Operating Levels 80% 90% Production in units 46,900 53,600 60, 300 Standard direct labor hours 328, 300 375, 200 422, 100 Budgeted overhead Fixed factory overhead $3,376,800 $3,376,800 $3,376, 800 Variable factory overhead $1,969,800 $2,251,200 $2,532,600 70% During the current quarter, the company operated at 90% of capacity and produced 60,300 units of product actual direct labor totaled 399,200 hours. Units produced were assigned the following standard costs. During the current quarter, the company operated at 90% of capacity and produced 60,300 units of product, actual direct labor totaled 399,200 hours. Units produced were assigned the following standard costs. Direct materials (1,889,000 lbs. @ $4.80 per Ib.) Direct labor (422,100 hrs. @ $14 per hr.) Factory overhead (422,100 hrs. $15 per hr.) Total standard cost $ 8,683,200 5, 999, 400 5,331,500 $20,924,100 Actual costs incurred during the current quarter follow. Direct materials (1,711,000 lbs. @ $6.30 per 16.) Direct labor (399, 200 hrs. @ $11.20 per hr.) Fixed factory overhead costs Variable factory overhead costs Total actual costs $19, 779, 300 4,471,040 2,813, 700 3,084, 100 $21, 148, 140 (a) Compute the variable overhead spending and efficiency 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 Actual Variable OH Cost Flexible Budget Standard Cost (VOH applied) 0 $ 0 0 (b) Compute the fixed 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 Actual Foxed OH Cost Budgeted Overhead Standard Cost (FOH applied) 5 0 0 (c) Compute the total overhead controllable variance. Overhead Controllable Variance Total overhead controllable variance