Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 lbs. $4.00 per Ib.) Direct labor (1.6 hrs. $13.00 per hr.) Overhead (1.6 hrs. & $18.50 per hr.) Total standard coat $16.00 20.80 29.60 $66.40 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. $135,000 Overhead Budget X758 Capacity) Variable overhead costs Indirect materials $ 15,000 Indirect labor 75,000 Power 15,000 Repairs and maintenance 30,000 Total variable overhead costs Fixed overhead costa Depreciation-Building 24,000 Depreciation-Machinery 72,000 Taxes and insurance 17,000 Supervision 196,000 Total fixed overhead costs Total overhead costs 309,000 $444,000 The company incurred the following actual costs when it operated at 75% of capacity in October 5 256,200 268,000 Direct materials (61,000 Ibs. $4.20 per 1b.) Direct labor (20.000 h.513.40 per he. Overhead costs Indirect materials Indirect labor Power Repairs and maintenance Depreciation building Depreciation Machinery Taxes and indurance Supervision Total coat 5.41,350 176.100 17,250 34,500 26.000 97,200 15,300 106,000 401,700 $1,125,100 4. Compute the direct tabor cost variance, including its rate and efficiency variances, (Indicate the effect of each variance by selecting for favorable, unfavorable, and No variance. Round "Rate per hour answers to two decimal places.) fitandard Cos! Actual Cost