Trico Company set the following standard unit costs for its single product. Direct materials (30 Ibs. @ $4.80 per Ib.) Direct labor (6 hrs. @ $14 per hr.) Factory overhead-Variable (6 hrs. @ $7 per hr.) Factory overhead-Fixed (6 hrs. @ $9 per hr.) Total standard cost $ 144.00 84.00 42.ee 54.00 $ 324.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 57,000 units per quarter. The following flexible budget information is available. Operating Levels 70% 80% 39,900 45,600 239,400 273,600 90% 51,300 307,800 Production in units Standard di Labor hours Budgeted overhead Fixed factory overhead Variable factory overhead $2,462,400 $2,462,400 $2,462,400 $1,675,800 $1,915,200 $2,154,600 During the current quarter, the company operated at 90% of capacity and produced 51,300 units of product, actual direct labor totaled 304,800 hours. Units produced were assigned the following standard costs. Direct materials (1,539,000 lbs. @ $4.80 per Ib.) Direct labor (307,800 hrs. @ $14 per hr.) Factory overhead (307,800 hrs. $16 per hr.) Total standard cost $ 7,387,200 4,309, 200 4,924,800 $16,621,200 Actual costs incurred during the current quarter follow. Actual costs incurred during the current quarter follow. Direct materials (1,519,000 lbs. @ $7.30 per lb.) Direct labor (364,80 hrs. @ $13.ee per hr.) Fixed factory overhead costs Variable factory overhead costs Total actual costs $11,088,700 3,962,489 2,337,080 2,187,880 $19,575,999 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 A Required B Required C 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 Stan 0 $ 0 0 g and efficiency variances. (Round "cost per unit" and "rate per hour" answers to 2 decimal places.) Flexible Budget Standard Cost (VOH applied) 0 $ 0 0 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 A Required B Required Compute the fixed overhead spending and volume variances. (Round "cost per unit" and "rate per hour answers to 2 decimal places.) Budgeted Overhead Standard Cost (FOH applie Actual Fixed OH Cost 0 S 0 0 (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 A Required B Required C Compute the total overhead controllable variance. Overhead Controllable Variance + Total overhead controllable variance