Antuan company set the following standard costs for one unit of its product. prepare a flexible overhead budget for october showung the amounts of each variable and fixed cost at the 65%,75%,85% capacity pevels and classify all items listed in the fixed budget as variable or fixed.

Help Save & Exit Submit Check my work YUNCU Problem 8-3A Flexible budget preparation; computation of materials, labor, and overhead variances; and overhead variance report LO P1, P2, P3, C2 The following information applies to the questions displayed below.) Antuan Company set the following standard costs for one unit of its product Direct materials (3.2 Ibs. @ $5.ee per Ib.) Direct labor (1.9 hrs. @$10.ee per hr.) Overhead (1.9 hrs. @ $18.50 per hr.) Total standard cost $15.ee 19.ee 35.15 $69.15 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. Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 15,eee Indirect labor 75,000 15.ee Power 4 5 0 .d 1019 AM 199/2000 o opie 9W re to search Check my work 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 $135,600 Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 15,000 Indirect labor 75,000 15.00 Power 30,000 Repairs and maintenance Total variable overhead costs Fixed overhead costs 23,000 Depreciation-Building 71,00 18,00 Taxes and insurance 280,25e Depreciation Machinery 392,25e $527,25e Supervision Total fixed overhead costs Total overhead costs $ 237,150 The company incurred the following actual costs when it operated at 75% of capacity in October 1019 AM $5.10 per lb.) # Next > of 7 5 6 7 4 Direct materials (46,50e Ibs. of 7 A . d o 1020 AM 0 to search Required information En Barn Marie Ann Tven rann an ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Flexible Budget Variable Amount Total Fixed 65% of per Unit Cost capacity Flexible Budget for capacity capacity Sales (in units) Variable overhead costs Indirect labor Indirect materials Power Repairs and maintenance 0 Fixed overhead costs Depreciation Building 4 re to search . Check Required information Repairs and maintenance | $ 0.00 Fixed overhead costs Depreciation Building Depreciation Machinery Taxes and insurance Supervision Total fixed costs Total overhead costs 10. co search