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16 Required information Help Save & Exit Submit Check my work Part 1 of 4 1 points eflook References Problem 23-3A (Algo) Flexible overhead
16 Required information Help Save & Exit Submit Check my work Part 1 of 4 1 points eflook References Problem 23-3A (Algo) Flexible overhead budget; materials, labor, and overhead variances; and overhead variance report LO P1, P2, P3, P4 [The following information applies to the questions displayed below] Antuan Company set the following standard costs per unit for its product. Direct materials (3.0 pounds @ $6.00 per pound) Direct labor (1.0 hours @ $11.00 per hour) Overhead (1.8 hours $18.50 per hour) Standard cost per unit $ 18.00 19.00 33.30 $71.10 The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory's capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 75% capacity level. Overhead Budget (75% Capacity) Mc [Graw Variable overhead costs Indirect materials $15,000 Indirect labor 75,000 Power 15,000 Maintenance. 30,000 Total variable overhead costs 135,000 Fixed overhead costs Depreciation-Building 23,000 Depreciation-Machinery 71,000 Taxes and insurance 16,000 Supervisory salaries 254,500 Total fixed overhead costs 364,500 < Prev 16 17 18 19 of 20 Next >
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