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Required information. Use the following information for the Problems below. (Static) (The fallowing information applies to the questions dispizyed beiow.) Trini Compsny set the following standard costs per unit for its single product. Overheed as applied using direct lebor hours. The standard overhead rale is based on a predicted activity level of Bos of the compary's capacty of 60.000 units per quartet The following additional inforittatien is divalable. Duing the current quarter, the compeny operoted at 905 of capacity and produced 54,000 unsts; ectuel dieect labor tolded 265,000 hours. Units produces were bssigned the folowing standard costs. Actual costs incurres during the current quarter follow. Problem 21-4A (Static) Computing materials, labor, and overhead variances LO P3, P4 Required: 1. Compuse the disect materials variance, heluding its price and quantity variances. 2. Compute the drect labor variance, including its rate and eff ciency variances. 1. Compute the overhead controliatie and volume variances. Complete this question by entering your answers in the tabs below. Compuse the ovehead volume variances. (Indeate the effect of the variance by celecting forvadie, anfavorabie, of no variance.) Required information. Use the following information for the Problems below. (Static) (The fallowing information applies to the questions dispizyed beiow.) Trini Compsny set the following standard costs per unit for its single product. Overheed as applied using direct lebor hours. The standard overhead rale is based on a predicted activity level of Bos of the compary's capacty of 60.000 units per quartet The following additional inforittatien is divalable. Duing the current quarter, the compeny operoted at 905 of capacity and produced 54,000 unsts; ectuel dieect labor tolded 265,000 hours. Units produces were bssigned the folowing standard costs. Actual costs incurres during the current quarter follow. Problem 21-4A (Static) Computing materials, labor, and overhead variances LO P3, P4 Required: 1. Compuse the disect materials variance, heluding its price and quantity variances. 2. Compute the drect labor variance, including its rate and eff ciency variances. 1. Compute the overhead controliatie and volume variances. Complete this question by entering your answers in the tabs below. Compuse the ovehead volume variances. (Indeate the effect of the variance by celecting forvadie, anfavorabie, of no variance.)