0 Required information The following information applies to the questions disp/ayed below] Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. 0 $6.00 per Ib.) Direct labor (1.7 hrs. $11.00 per hr.) Overhead (1.7 hrs. $18.50 per hr.) Total standard cost $24.00 18.70 31.45 74.15 The predetermined overhead rate $18.50 per direc labor hour) is based on an expected volum e of 75% of the factory' s capacity of 20.000 units per month. Following are the company's budgeted overhead cost the 75% capacity level. Variable overhead costs Indirect materials Indirect labon Powen Repains and maintenance Total variable overhead costs 15, 000 75,000 15,000 30,800 $135 000 Fixed overhead costs Deprecition Building Depreciation Hachineny Taxes and insurance Supervision Total fixed overhead costs 23,000 70,000 18,009 225,750 Total overhead costs $471.750 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (61,000 Ibs. $5.10 per 1b.) $872.100 4. Compute the direct labor cost variance, including its rate and efficiency variances AH Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate Actual Cost Standard Cost