Direct materials (30 pounds @ $5.10 per pound) $153.00 Direct labor (4 hours @ $15 per hour) 60.00 Variable overhead (4 hours @ $6 per hour) 24.00 Fixed overhead (4 hours @ $11 per hour) 44.00 Standard cost per unit $281.00 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 68,000 units per quarter. The following additional information is available. Production (in units) Standard direct labor hours (4 DLH per unit) Budgeted overhead (flexible budget) Fixed overhead Variable overhead Operating Levels 70% 80% 90% 47,600 190,400 54,400 217,600 61,200 244,800 $ 2,393,600 $ 2,393,600 $ 2,393,600 $ 1,142,400 $ 1,305,600 $ 1,468,800 During the current quarter, the company operated at 90% of capacity and produced 61,200 units; actual direct labor totaled 239,800 hours. Units produced were assigned the following standard costs. Direct materials (1,836,000 pounds @ $5.10 per pound) Direct labor (244,888 hours @ $15 per hour) Overhead (244,800 hours @ $17 per hour) Standard (budgeted) cost Actual costs incurred during the current quarter follow. Direct materials (1,826,000 pounds @$6.70 per pound) Direct labor (239,800 hours @ $12.00 per hour) Fixed overhead Variable overhead Actual cost $ 9,363,600 3,672,000 4,161,600 $ 17,197,200 $ 12,234,200 2,877,600 1,942,800 1,818,800 $ 18,873,400 Required: (a) Compute the variable overhead spending and efficiency variances. (b) Compute the fixed overhead spending and volume variances. (c) Compute the overhead controllable variance. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the variable overhead spending and efficiency variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "cost per unit" and "rate per hour" answers to 2 decimal places. Actual Variable OH Cost 0 S 이 0 Flexible Budget Required A Required B > Standard Cost (VOH applied)