Antuan Company set the following standard costs for one unit of its product Direct materials (3.0 Tbs. $4.00 per Ib.) Direct labor (1.9 hrs. $13.00 per hr.). overhead (1.9 hrs. $18.50 per hr.). Total standard cost $12.00 24.70 35.15 $71.85 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 (758 Capacity) Variable overhead costs Indirect materials $15,000 Indirect labor 75,000 Tower 15,000 Repairs and maintenance 30,000 Total variable overhead costs $135,000 Fixed overhead costs) Depreciation-Building 23,000 Depreciation-Machinery 71,000 Taxes and insurance 18,000. Supervision 200,250 Total fixed overhead costs Total overhead costs 392,250 $527,250 The company incurred the following actual costs when it operated at 75% of capacity in October Pisana A D The 181 146 < Previ 4 5 6 7 of 9 Next > 10 tv A #3 @ 2 0 W E MacBook Pro G Search or type URL $ S4 % 85 66 & 27 7 8 9 0 R T Y U S D F G H J K 0 F L @ 22 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (45,500 the. Direct labor (21,000 hrs. Overhead costs Indirect materials Indirect labor Power Repairs and maintenance Depreciation-building Depreciation-Machinery Taxes and insurance Supervision Total costa $4.20 per 1b.j $13.20 per hr.) 191,100 277,200 541,450 176,300 17,250 34,500 23,000 95,850 16,200 280,250 684,800 $1,153,100 Required: 1&2. Prepare flexible overhead budgets for October showing the amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels and classify all items listed in the fixed budget as variable or fixed. ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Flexible Budget Variable Amount Total Fixed Flexible Budget for 75% of capacity 65% of per Unit Cost capacity 85% of capacity < Prev 4 5 6 7 of 9 Next >> -> M MacBook Pro Ai $ 54 #3 G Search or type URL % de5 66 & 7 8 61 0 E R T Y U 0 F S RF G H J K L Required information capacity levels and classify all items listed in the fixed budget as variable or fixed. ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Sales (in units) Variable overhead costs Fixed overhead costs 2 W S Flexible Budget Variable Amount Total Fixed per Unit Cost 65% of capacity 3 Flexible Budget for 75% of capacity 85% of capacity $ 0.00 0 nl ni 02 < Prev 4 5 6 7 of 9 Next > 10 MacBook Pro tv A Search or type URL % 5 66 & 6 7 CO F 8 85 54 #3 3 LLI E R T Y U 9 0 0 G H J K L 2 @ Required information Sales (in units) Variable overhead costs per Unit Cost capacity capacity capacity $ 0.00 0 0 0 Fixed overhead costs 0 0 0 Total overhead costs AP 10 < Prev 4 5 6 7 of 9 Next > MacBook Pro C G Search or type URL #3 3 54 4 55 96 tv A 27 & 7 8 9