Trico Company set the following standard unit costs for its single product. Direct materials (30 lbs. @ $4.00 per Ib. ) Direct labor (7 hrs. @ $14 per hr.) Factory overhead-Variable (7 hrs. @ $7 per hr.) Factory overhead-Fixed (7 hrs. @ $11 per hr.) Total standard cost $120.00 98.00 49.00 77.00 $344.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 63,000 units per quarter. The following flexible budget information is available. Production in units Standard direct labor hours Budgeted overhead Fixed factory overhead Variable factory overhead Operating Levels 70N 80% 90% 44,100 50,400 56,700 308, 700 352,800 396,900 $3,880,800 $3,880,800 $3,880, 800 $2,160,900 $2,469,600 $2,778,300 During the current quarter, the company operated at 90% of capacity and produced 56,700 units of product; actual direct labor totaled 393,900 hours. Units produced were assigned the following standard costs. Direct materials (1,701,000 lbs. a $4.00 per Ib.) Direct labor (396,900 hrs. @ $14 per hr.) Factory overhead (396,900 hrs. @ $18 per hr.) Total standard cost $ 6,804,000 5,556,600 7,144,200 $19,504,800 Actual roete incurred in the mirront mortar fallau. Actual costs incurred during the current quarter follow. Direct materials (1,686,000 Ibs. @ $5.10 per lb.) Direct labor (393,900 hrs. @ $12.00 per hr.) Fixed factory overhead costs Variable factory overhead costs Total actual costs $ 8,598,600 4,726,800 3,380,000 3, 164,200 $19,869,600 Problem 23-5AA Expanded overhead variances LO P5 (a) Compute the variable overhead spending and efficiency variances. (b) Compute the fixed overhead spending and volume variances. (c) Compute the total overhead controllable variance. Required information (c) Compute the total overhead controllable variance. Required A Required B Required Compute the variable overhead spending and efficiency variances. (Round "cost per unit" and "rate per hour answers to 2 decimal places.) Actual Variable OH Cost Flexible Budget 0 0 Feed Required >