26.60 Antuan Company set the following standard costs per unit for its product. Direct materials (3.0 pounds & $5.00 per pound) $ 15.00 Direct labor (1.9 hours & $14.00 per hour) Overhead (1.9 hours $18.50 per hour) 35.15 Standard cost per unit $ 76.75 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 (751 Capacity) Variable overhead costs Indirect materials Indirect labor Power Maintenance Total variable overhead costs Fixed overhead coats Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs $ 30,000 75,000 30,000 30,000 165,000 25,000 71,000 17,000 249,250 362,250 $ 527,250 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (46,000 pounds $5.10 per pound) $ 234,600 Direct labor (21,000 hours $14.10 per hour) 296,100 Overhead costs Indirect materials $ 41,700 Indirect labor 176,300 Power 34,500 Maintenance 34,500 Depreciation-Building 25,000 Depreciation Machinery 95,850 Taxes and insurance 15,300 Supervisory salaries 249,250 672.400 Total costs $ 1,203, 100 Compute the direct materials variance, including its price and quantity variances. Indicate the effect of each variance by selecting vorable, unfavorable, or no variance.) Actual Cost Standard Cosi