Antuan Company set the following standard costs for one unit of its product. Direct materials [3.0 Ibs. E $4.00 per Ih.) $12.00 Direct labor [1.9 hrs. E $12.00 per hr.} 22.30 Overhead {1.9 hrs. E $13.50 per hr.) 35.15 Total standard cost $69.95 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. Variable overhead costs Indirect materials $ 15,000 Indirect labor 75,000 Power 15,000 Repairs and.maintenanoe 30,000 Total variable overhead costs $135,000 Fixed overhead costs DepreciationBuilding 24,000 DepreciationHaohinery 71,000 Taxes and insurance 10,000 Supervision 279,250 Total fixed overhead costs 392,250 Total overhead costs $527,250 The company incurred the following actual costs when 'It operated at 75% of capacity 'In October. Eirect materials [45,500 Ihs. E 54.20 per 5 191.100 Direct labor [28, hrs. E $12.20 per hr.) 341,600 Overhead costs Indirect materials $ 41.950 Indirect labor ITE,BSD Power 1? .250 Repairs and maintenance 34,500 DepreciationBuilding 24,000 DepreciationHackinery 95,35D Taxes and insurance 16.200 Supervision 2T9,250 635,350 Total costs $1,213,550 Required: 1&2. Prepare flexible overhead budgets for October showing the amounts of each variable and xed cost at the 65%, 75%, and 85% capacity levels and classify all items listed in the fixed budget as variable or fixed; Sales (in unils] Variable overhead costs mammals __ Indmuabar otal variable costs Fixed overhead cools Depmdammw __ nepmdaaewacmnew _ _ calmness aaaa Total overhead costs