Answer is complete and correct ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Variable Amount per Unit Total Fixed Cost Flexible Budget at Capacity Level of 65 75 85 Production (in units) 13,000selected answer correct 15,000selected answer correct 17,000selected answer correct Variable overhead costs Indirect materialsselected answer correct $1 00selected answer correct not attempted $13,000selected answer correct $15,000selected answer correct $17,000selected answer correct Indirect laborselected answer correct 5 00selected answer correct not attempted 65,000selected answer correct 75,000selected answer correct 85,000selected answer correct Powerselected answer correct 1 00selected answer correct not attempted 13,000selected answer correct 15,000selected answer correct 17,000selected answer correct Maintenanceselected answer correct 2 00selected answer correct not attempted 26,000selected answer correct 30,000selected answer correct 34,000selected answer correct not attempted not attempted not attempted not attempted not attempted not attempted Total variable overheadselected answer correct $9 00 Required information The following information applies to the questions displayed below 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 capacity level The company incurred the following actual costs when it operated at 75 of capacity in October 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 ) 3 Compute the direct labor variance, including its rate and efficiency variances (Indicate the effect of each variance by selecting avorable, unfavorable, or no variance Round Rate per hour answers to two decimal places ) 4 Prepare a detailed overhead variance report that shows the variances for individual items of overhead (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance )

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Answer is complete and correct. ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Variable Amount per Unit Total Fixed Cost Flexible Budget at

Answer is complete and correct.

ANTUAN COMPANY
Flexible Overhead Budgets
For Month Ended October 31	Variable Amount per Unit	Total Fixed Cost	Flexible Budget at Capacity Level of
For Month Ended October 31	Variable Amount per Unit	Total Fixed Cost	65%	75%	85%
Production (in units)			13,000selected answer correct	15,000selected answer correct	17,000selected answer correct
Variable overhead costs
Indirect materialsselected answer correct	$1.00selected answer correct	not attempted	$13,000selected answer correct	$15,000selected answer correct	$17,000selected answer correct
Indirect laborselected answer correct	5.00selected answer correct	not attempted	65,000selected answer correct	75,000selected answer correct	85,000selected answer correct
Powerselected answer correct	1.00selected answer correct	not attempted	13,000selected answer correct	15,000selected answer correct	17,000selected answer correct
Maintenanceselected answer correct	2.00selected answer correct	not attempted	26,000selected answer correct	30,000selected answer correct	34,000selected answer correct
not attempted	not attempted	not attempted	not attempted	not attempted	not attempted
Total variable overheadselected answer correct	$9.00

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Required information [The following information applies to the questions displayed below.] 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% capacity level. The company incurred the following actual costs when it operated at 75% of capacity in October. 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.) 3. Compute the direct labor variance, including its rate and efficiency variances. (Indicate the effect of each variance by selecting "avorable, unfavorable, or no variance. Round "Rate per hour" answers to two decimal places.) 4. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)