Question: please do them all and i will rate well as they are all a part of ONE question. thanks! Trini Company set the following standard




Trini Company set the following standard costs per unit for its single producti Direct materials (30 pounds @ $5.00 per pound) Direct labor (7 hours $14 Variable overhead (7 hours per hour) $7 per hour) Fixed overhead (7 hours $9 per hour) Standard cost per unit Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% of the company's capacity of 61,000 units per quarter. The following additional information is available. Production (in units) Standard direct labor hours (7 DLH/unit) Budgeted overhead (flexible budget) Fixed overhead Variable overhead $ 150.00 98.00 49.00 63.00 $360.00 70% 42,700 298,900 $16 per hour) $14 per hour) Direct materiale (1,647,000 pounds $5.00 per pound) Direct labor (384,300 hours Overhead (384,300 hours Standard (budgeted) cost $3,074,400 $ 2,092,300 $2,391,200. Operating Levels 80% 48,800 341,600 Actual costs incurred during the current quarter follow. Direct materials (1,364,000 pounds $7.80 per pound) Direct labor (316,300 hours $11.10 per hour) Fixed overhead Variable overhead Actual cost During the current quarter, the company operated at 90% of capacity and produced 54,900 units; actual direct labor totaled 316,300 hours. Units produced were assigned the following standard costs. $3,074,400 $ 3,074,400 $2,690,100 90% $ 8,235,000 5,380,200 6,148,800 $19,764,000 54,900 384,300 $ 10,639,200 3,510,930 2,348,400 2,742,200 $ 19,240,730 plete this question by entering your answers in the tabs below. q1 Req 3 Controllable Variance ute the direct materials variance, including its price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round Standard Cost Req 2 Actual Cost Reg 3 Volume Variance 0 $ 0. Pag 1 $ Reg 2 > 0 Reg 3 Controllable Variance Reg 2 91 ute the direct labor variance, including its rate and efficiency variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rati Standard Cost Req 3 Volume Variance Actual Cost $ 0 $ 0
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