Required: 1. Compute the direct materials variance, including its price and quantity variances: 2. Compute the direct labor 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. Compute the direct materials variance, including its price and quantity variances. Notei Indicate the effect of each variance by selecting favorabic, unfavorable, or no variance. Round "Cost per unit" answers to 2 decimal piaces. Compute the overhead volume variances. Note: Indicate the effect of the variance by selecting favorable, unfavorable, Compute the overhead controllable variance. Note: Indicate the effect of the variance by selecting favorable, unfavo quantity variances. Compute the direct labor variance, including its rate and efficiency variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "fate per hour" answers to 2 decimal places [The following information applies to the questions displayed below] Trini Company set the following standard costs per unit for lits single product 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 60,000 units per quarter. The following additional information is avaliable. During the current quarter, the company operated at 90% of capocity and produced 54,000 units; actual direct labor totaled 265,000 hours. Units produced were assigned the following standard costs. Actual costs incurred during the current quarter follow