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

Required information Use the following information for the Problems below. [The following information applies to the questions displayed below Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. $5.10 per Ib.) Direct labor (8 hrs. e $14 per hr.) Factory overhead-variable (8 hrs. $6 per hr.) Factory overhead-fixed (8 hrs. e $12 per hr.) Total standard cost $ 153.00 112.00 48.00 96.00 $409.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 52,000 units per quarter. The following flexible budget information is available. 80% 41,600 332,800 90% Production in units Standard direct labor hours Budgeted overhead 79% 36,400 291,200 46,800 374,400 Fixed factory overhead Variable factory overhead $3,993,600 $3,993,600 $ 3,993,600 $1,747,200 $1,996,800 $2,246,400 During the current quarter, the company operated at 90% of capacity and produced 46,800 units of product, actual direct labor totaled 370,400 hours. Units produced were assigned the following standard costs 7,160,400 Direct materials (1,404,000 Ibs. e $5.10 per Ib.) Direct labor (374,400 hrs. $14 per hr.) Factory overhead (374,400 hrs. $18 per hr.) Total standard cost 5,241,600 6,739,200 $19,141, 200 Actual costs incurred during the current quarter follow. Direct materials (1,385,800 Ibs. e $6.70 per 1b.) Direct labor (370,400 hrs. $11.50 per hr.) Fixed factory overhead costs Variable factory overhead costs Total actual costs S 9,279, 500 4,259, 600 3,196,600 3,016,800 $19,752, 500