Need help completing requirement 4. Everything else is correct

Required information [The following information applies to the questions displayed below.] Trico Company set the following standard unit costs for its single product. Direct materials (30 lbs. @ $5.10 per Ib.) Direct labor (8 hrs. @ $15 per hr.) Factory overhead-Variable (8 hrs. @ $6 per hr.) Factory overhead-Fixed (8 hrs. @ $9 per hr.) Total standard cost $153.00 120.00 48.00 72.00 $393.00 The predetermined overhead rate is based on a planned operating volume of 80% of the productive capacity of 65,000 units per quarter. The following flexible budget information is available. Operating Levels 70% 80% 45,500 52,000 364,000 416,000 90% 58,500 468,000 Production in units Standard direct labor hours Budgeted overhead Fixed factory overhead Variable factory overhead $3,744,000 $3,744,000 $3,744,000 $2,184,000 $2,496,000 $2,808,000 During the current quarter, the company operated at 90% of capacity and produced 58,500 units of product, actual direct labor totaled 465,000 hours. Units produced were assigned the following standard costs. Direct materials (1,755,000 Ibs. @ $5.10 per Ib.) Direct labor (468,000 hrs. @ $15 per hr.) Factory overhead (468,000 hrs. @ $15 per hr.) Total standard cost $ 8,950, 500 7,020,000 7,020,000 $22,990,500 operating Levels 703 45,500 52,000 364,000 416,000 90% 58,500 468,000 Production in units Standard direct labor hours Budgeted overhead Fixed factory overhead Variable factory overhead $3,744,000 $3,744,000 $3,744,000 $2,184,000 $2,496,000 $2,808,000 During the current quarter, the company operated at 90% of capacity and produced 58,500 units of product, actual direct labor totaled 465,000 hours. Units produced were assigned the following standard costs. Direct materials (1,755,000 Ibs. @ $5.10 per Ib.) Direct labor (468,000 hrs. @ $15 per hr.) Factory overhead (468,000 hrs. @ $15 per hr.) Total standard cost $ 8,950, 500 7,020,000 7,020,000 $22,990,500 Actual costs incurred during the current quarter follow. Direct materials (1,741,000 Ibs. @ $7.00 per lb.) Direct labor (465,000 hrs. @ $11.50 per hr.) Fixed factory overhead costs Variable factory overhead costs Total actual costs $12,187,000 5, 347,500 3,315,800 3, 104, 200 $23,954,500 Required: 1. Compute the direct materials cost variance, including its price and quantity variances. 2. Compute the direct labor cost variance, including its rate and efficiency variances. 3. Compute the overhead controllable and volume variances. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Reg 3 Controllable Variance Reg 4 Volume Variance Compute the direct materials cost variance, including its price and quantity variances. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Cost per unit" answers to 2 decimal places.) Actual Cost Standard Cost Actual quantity 1,741,000 Actual price 7.00 Actual quantity 1,741,000 Standard price 5.10 Standard quantity 1,755,000 Standard price 5.10 12,187,000 8,879.100 8,950,500 3,307,900 $ 71,400 $ Direct materials price variance Direct materials quantity variance Total direct materials variance 3,307,900 71,400 3,236,500 Unfavorable Favorable Unfavorable $ Regi Req 2 > Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Reg 3 Controllable Variance Reg 4 Volume Variance Compute the direct labor cost variance, including its rate and efficiency variances. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour" answers to 2 decimal places.) Actual hours 465,000 Actual Cost X X Actual rate $ 11.50 Actual hours 465,000 x X Standard rate 15.00 Standard hours 468,000 Standard Cost X X $ 7,020,000 Standard rate 15.00 $ $ 5,347,500 6,975,000 1,627,500 45,000 $ Direct labor rate variance Direct labor efficiency variance 1,627,500 45,000 1,672,500 Favorable Favorable Favorable Total direct labor variance $ Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Reg 3 Controllable Variance Reg 4 Volume Variance Compute the direct labor cost variance, including its rate and efficiency variances. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Round "Rate per hour" answers to 2 decimal places.) Actual hours 465,000 Actual Cost X X Actual rate $ 11.50 Actual hours 465,000 x X Standard rate 15.00 Standard hours 468,000 Standard Cost X X $ 7,020,000 Standard rate 15.00 $ $ 5,347,500 6,975,000 1,627,500 45,000 $ Direct labor rate variance Direct labor efficiency variance 1,627,500 45,000 1,672,500 Favorable Favorable Favorable Total direct labor variance $ Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Reg 3 Controllable Variance Req 4 Volume Variance Compute the volume variances. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Fixed overhead volume variance Budgeted fixed overhead $3,744,000 Fixed overhead cost $4,185,000 applied Fixed overhead volume variance Favorable