Antuan Company set the following standard costs for one unit of its product Direct materials (3. Ib. 55.00 per lb.) Direct labor (1.7 hrs. 515.00 per hr.) Overhead (1.7 hrs. 518.50 per hr.) Total standard cost The predetermined overhead rate ($18.50 per direct labor hour is based on an expected volume 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 Overheit) Variable overhead costs Indirect materials Indirect labor Power Repairs and maintenance Total variable overhead costs Fived headcouts Depreciation-Building Depreciation-achinery Taxes and insurance Supervision 22. Total fixed overhead costs Total overhead costs 501,750 125.000 The company incurred the following actual costs when it operated at 75% of capacity in October 523, Direct materials (40.500 Th. 16.10 per b.) Direct shoe (23,000 hrs... perh.) Overhead costs Indirect materials Indirect labor 17. 30.00 Repairs and maintenance Depreciation Building Depreciation-achinery Taxes and insurance Supervision Total costs Problem 3-3A Part 182 Required: 182. Prepare flexible overhead budgets for October showing the amounts of each variable and fed cost at the 65% 75% and 85% Capacity levels and classify alte listed in the feed budget as variable or found ANTUAN COMPANY Flexible Overhead Budget For Morted Feubles Variable Amon per un Cow capacity Variaveread costs 5 Fred overhead costs Total overheads