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Actuan Company set the following standard costs per unit for its product. Antuan Company set the following standard costs per unit for its product. The

Actuan Company set the following standard costs per unit for its product.
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Antuan Company set the following standard costs per unit for its product. 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% capacit level. The company incurred the following actual costs when it operated at 75% of capacity in October. 1. Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the 65%,75%, and 85% capact levels. 2. Compute the direct matenals vanance, including its price and quantity variances. (Indicate the effect of each varlance by selecting fevorable, unfevorable, or no varlence.) 3. Compute the direct labor varlance, Including its rate and efficlency vartances, (Indicate the effect of each vorlance by selecting fovorable, unfovorable, or no varience. Round "Rate per hour" answers to two decimal places.)

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