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Trinl Company set the following standard costs per unit for its single product Overhead is applied using direct labor hours. The standard overhead rate is

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Trinl Company set the following standard costs per unit for its single product Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted actlvity level of 80% of the company's capacity of 59,000 units per quarter. The following additional Information is avallable. During the current quarter, the company operated at 90% of capacity and produced 53,100 units; actual direct labor totaled 420,800 hours. Units produced were assigned the following standard costs. Actual costs Incurred during the current quarter follow. qulred: 1. Compute the direct materlals varlance, Including its price and quantity varlances. 2. Compute the direct labor varlance, Including Its rate and efficlency varlances. 3. Compute the overhead controllable and volume varlances. Complete this question by entering your answers in the tabs below. Compute the direct materials variance, including its price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal places

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