Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 lbs. $5.00 per lb.)$20.00 Direct labor (1.9 hrs. $12.00 per hr.) Overhead (1.9 hrs. @ $18.50 per hr.) 22.80 35.15 Total standard cost $ 77.95 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. Overhead Budget (75% Capacity) Variable overhead costs $ 15,000 90,000 15,000 30,000 Indirect materials Indirect labor Power Repairs and maintenance Total variable overhead costs $150,000 Fixed overhead costs Depreciation-building Depreciation-machinery Taxes and insurance Supervision 25,000 71,000 17,000 264,250 Total fixed overhead costs 377,250 Total overhead costs $527,250 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (60,500 lbs. @ $5.10 per lb.) Direct labor (28,000 hrs. $12.30 per hr.) Overhead costs $308,550 344,400 Indirect materials Indirect labor Power Repairs and maintenance Depreciation-building Depreciation-machinery Taxes and insurance Supervision $ 41,100 176,250 17,250 34,500 25,000 95,850 15,300 264,250 669,500 Total costs $1,322,450