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Trini Company set the following standard costs per unit for its single product. table [ [ Direct materials ( 3 0 pounds a $

Trini Company set the following standard costs per unit for its single product.
\table[[Direct materials (30 pounds a $4 per pound),$120.00
Required:
1. Compute the direct materials variance, including its price and quantity variables.
2. Compute direct labor variance, including its rate and efficiency variances.
3. Compute the overhead controllable and volume variances.
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