Antuan Company set the following standard costs for one unit of its product.

Direct materials (3.0 Ibs. @ $5.00 per Ib.)	$	15.00
Direct labor (1.6 hrs. @ $14.00 per hr.)		22.40
Overhead (1.6 hrs. @ $18.50 per hr.)		29.60
Total standard cost	$	67.00

The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the factorys capacity of 20,000 units per month. Following are the companys budgeted overhead costs per month at the 75% capacity level.

Overhead Budget (75% Capacity)
Variable overhead costs
Indirect materials	$	15,000
Indirect labor		75,000
Power		15,000
Repairs and maintenance		30,000
Total variable overhead costs				$	135,000
Fixed overhead costs
DepreciationBuilding		25,000
DepreciationMachinery		71,000
Taxes and insurance		18,000
Supervision		195,000
Total fixed overhead costs					309,000
Total overhead costs				$	444,000

The company incurred the following actual costs when it operated at 75% of capacity in October.

Direct materials (46,500 Ibs. @ $5.20 per lb.)				$	241,800
Direct labor (22,000 hrs. @ $14.10 per hr.)					310,200
Overhead costs
Indirect materials	$	41,750
Indirect labor		176,650
Power		17,250
Repairs and maintenance		34,500
DepreciationBuilding		25,000
DepreciationMachinery		95,850
Taxes and insurance		16,200
Supervision		195,000			602,200
Total costs				$	1,154,200

Actual Cost Actual quantity Actual price Actual quantity Standard price X 0 X 0 $ 0 0 Unfavorable Direct materials price variance Direct materials quantity variance Total direct materials variance 0 Unfavorable Unfavorable Standard Cost Standard quantity X Standard price 4. Compute the direct labor cost variance, including its rate and efficiency variances. (Indicate the effect of each variar selecting for favorable, unfavorable, and No variance. Round "Rate per hour" answers to two decimal places.) Actual Cost each variance by aces.) Standard Cost 5. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. (Indicate the effect of each variance by selecting for favorable, unfavorable, and No variance.) ANTUAN COMPANY Overhead Variance Report For Month Ended October 31 Expected production volume Production level achieved Volume variance Flexible Budget Actual Results Variances Fav. / Unfav. Variable costs Total overhead costs