Antuan Company

a) Compute the direct materials variance, including its price and quantity variances.

b) Compute the direct labor variances, including its rate and efficiency variances.

c) Prepare a detailed overhead variance report that shows the variances for individual items of overhead.

Required Information [The following Information applies to the questions displayed below.] Antuan Company set the following standard costs per unlt for Its product. The standard overhead rate ( $18.50 per direct labor hour) Is based on a predicted actlvity 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