5 14 ok t nces Maintenance 30,000 Total variable overhead costs 135,000 Fixed overhead costs Depreciation-Building 24,000 Depreciation-Machinery 71,000 Taxes and insurance 17,000 Supervisory salaries Total fixed overhead costs 280,250 392,250 $527,250 Total overhead costs. The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (61,000 pounds @ $5.20 per pound) Direct labor (22,000 hours @ $14.20 per hour) Overhead costs Indirect materials Indirect labor. Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs $ 317,200 312,400 $ 41,250 176,250 17,250 34,500 24,000 95,850 15,300 280,250 684,650 $ 1,314,250 2. Compute the direct materials variance, including its price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Actual Cost S < Prev 15 16 17 of 17 Next > 4b070a2a-e290-46....jfif 44 jif a68512c0-42c5-414....jfif 31b9ce74-c6cd-40....ifif Standard Cost Ch Required information [The following information applies to the questions displayed below.) Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds @ $5.00 per pound) Direct labor (1.9 hours @ $14.00 per hour) Overhead (1.9 hours @ $18.50 per hour) Standard cost per unit $ 20.00 26.60 35.15 $ 81.75 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 (75% Capacity) Variable overhead costs Indirect materials Indirect labor Power Maintenance Total variable overhead costs Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs $ 15,000 75,000 15,000 30,000 135,000 24,000 71,000 17,000 280,250 392,250 $ 527,250 Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October. S < Prev 14 15 16 17 of 17 Next > Depreciation Machinery Taxes and insurance Supervisory salaries Total costs 95,850 15,300 280,250 684,650 $ 1,314,250 2. Compute the direct materials variance, including its price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Actual Cost if a68512c0-42c5-414...jfif 0 $ 0 S 0 0 $ 0 9 < Prev 15 16 17 of 17 Next > 31b9ce74-c6cd-40...jfif ^ Search L a 0 Standard Cost + ENG