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

Direct materials (27 Ibs. @ $4 per Ib.)	$	108.00
Direct labor (8 hrs. @ $8 per hr.)		64.00
Factory overheadvariable (8 hrs. @ $5 per hr.)		40.00
Factory overheadfixed (8 hrs. @ $7 per hr.)		56.00
Total standard cost	$	268.00

The predetermined overhead rate is based on a planned operating volume of 50% of the productive capacity of 60,000 units per quarter. The following flexible budget information is available.

	Operating Levels
		40%		50%		60%
Production in units		24,000		30,000		36,000
Standard direct labor hours		192,000		240,000		288,000
Budgeted overhead
Fixed factory overhead	$	1,680,000	$	1,680,000	$	1,680,000
Variable factory overhead	$	960,000	$	1,200,000	$	1,440,000

During the current quarter, the company operated at 60% of capacity and produced 36,000 units of product; actual direct labor totaled 285,000 hours. Units produced were assigned the following standard costs:

Direct materials (972,000 Ibs. @ $4 per Ib.)	$	3,888,000
Direct labor (288,000 hrs. @ $8 per hr.)		2,304,000
Factory overhead (288,000 hrs. @ $12 per hr.)		3,456,000
Total standard cost	$	9,648,000

Actual costs incurred during the current quarter follow:

Direct materials (967,000 Ibs. @ $4.10 per lb.)

$

3,964,700

Direct labor (285,000 hrs. @ $7.75 per hr.)

2,208,750

Fixed factory overhead costs

2,527,358

Variable factory overhead costs

2,366,038

Total actual costs

$

11,066,846

Required:

1.

Compute the direct materials cost 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.