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Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. e $4.90 per Ib.) Direct labor (4 hrs. @

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Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. e $4.90 per Ib.) Direct labor (4 hrs. @ $16 per hr.) Factory overhead-variable (4 hrs. @ $6 per hr.) Factory overhead-fixed (4 hrs. @ $10 per hr.) Total standard cost $147.00 64.00 24.00 40.00 $275.00 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. 1 Operating Levels 708 808 900 Production in units 46,900 53,600 60,300 Standard direct labor hours 187,600 214,400 241,200 Budgeted overhead Fixed factory overhead $2,144,000 $2,144,000 $2,144,000 Variable factory overhead $1,125,600 $1,286,400 $1,447,200 During the current quarter, the company operated at 90% of capacity and produced 60,300 units of product; actual direct labor totaled 184,800 hours. Units produced were assigned the following standard costs. Direct materials (1,809,000 Ibs. $4.90 per Ib.) Direct labor (241,200 hrs. $16 per hr.) $ 8,864,100 3,859,200 S Check my 101,DUU 214,4V 244, ZUU Landala ultec LODUL DOULE Budgeted overhead Fixed factory overhead Variable factory overhead $2,144,000 $2,144,000 $2,144,000 $1,125,600 $1,286,400 $1,447,200 During the current quarter, the company operated at 90% of capacity and produced 60,300 units of product; actual direct labor totaled 184,800 hours. Units produced were assigned the following standard costs. Direct materials (1,809,000 lbs. $4.90 per Ib.) Direct labor (241,200 hrs. $16 per hr.) Factory overhead (241,200 hrs. $16 per hr.) Total standard cost $ 8,864,100 3,859, 200 3,859, 200 $16,582,500 Actual costs incurred during the current quarter follow. Direct materials (1,413,000 lbs. $7.70 per lb.) Direct labor (184,800 hrs. @ $11.10 per hr.) Fixed factory overhead costs Variable factory overhead costs Total actual costs $10,880,100 2,051,280 1,318, 400 1.732,600 $15,982,380 Saved work i Check my v (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 Education.com/ext/map/index.html?_con=con&external browser=0&aume Saved Help Save & Exit work Check Required information (b) Compute the fixed overhead spending and volume variances. (Round "cost per unit" and "rate per hour" answers to 2 decim places.) AH = Actual Hours SH= Standard Hours AFR - Actual Fixed Rate SFR - Standard Fixed Rate Actual Fixed OH Cost Budgeted Overhead Standard Cost (FOH apped) 0 $ 0 0 Required information (c) Compute the total overhead controllable variance. Overhead Controllable Variance Total overhead controllable variance

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