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. @ $11.00 per hr.)		17.60
Overhead (1.6 hrs. @ $18.50 per hr.)		29.60
Total standard cost	$	62.20

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		45,000
Total variable overhead costs				$	150,000
Fixed overhead costs
DepreciationBuilding		24,000
DepreciationMachinery		71,000
Taxes and insurance		17,000
Supervision		182,000
Total fixed overhead costs					294,000
Total overhead costs				$	444,000

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

Direct materials (46,000 Ibs. @ $5.10 per lb.)				$	234,600
Direct labor (23,000 hrs. @ $11.10 per hr.)					255,300
Overhead costs
Indirect materials	$	41,350
Indirect labor		176,450
Power		17,250
Repairs and maintenance		51,750
DepreciationBuilding		24,000
DepreciationMachinery		95,850
Taxes and insurance		15,300
Supervision		182,000			603,950
Total costs				$	1,093,850

Antuan Company set the following standard costs for one unit of its product. Direct materials (3.2 Tbs. $5.00 per Ib.) Direct labor (1.6 hrs. @ 511.00 per hr.) Overhead (1.6 hrs. $18.50 per hr.) Total standard cost $15.00 17.60 29.60 $62.20 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 udget (75% Capacity) Variable overhead costs Indirect materials $ 15,000 Indirect labor 75,000 Power 15,000 Repairs and maintenance 45 Total variable overhead costs Fixed overhead costs Depreciation Building 24,000 Depreciation Machinery 71,000 Taxes and insurance 17,000 Supervision 182,000 Total fixed overhead costs Total overhead costs $150,000 294,000 $444,000 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (46,000 lbs.55.10 per 1b.) $ 234,600 nework Saved Depreciation-Machinery Taxes and insurance Supervision Total fixed overhead costs Total overhead costs 71,000 17,000 182,000 294,000 $444,000 The company incurred the following actual costs when it operated at 75% of capacity in October $ 234,600 255,300 Direct materiais (46,000 lbs @ 35.10 per 15.) Direct obor (23,000 hes. $11.10 per hr.) Overhead costs Indirect materials Indirect labor Power Repairs and maintenance Depreciation Building Depreciation Machinery Taxes and insurance Supervision Total costs $ 41, 350 176, 450 17.250 51,750 24,000 95,350 15,300 182,000 603,950 $1,093,850 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 14 Required information -- 21014 ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Flexible Budget Flexible Budget for Variable Amount Total Fixed 65% of 75% of 85% of per Unit Cost capacity capacity capacity ts eBook Sales (in units) Variable overhead costs Print $ 0.00 0 0 0 Fixed overhead costs 0 0 0 0 Total overhead costs