Antuan Company set the following standard costs for one unit of its product Direct materials (6 lbs. $5 per lb) Direct labor (2 hrs. o $17 per hr) Overhead (2 hrs. @$18.50 per hr) $ 30 34 37 Total standard cost $ 101 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 et the 75% capacity level. Varlable overhead costs indirect materials Indirect labor Power Repairs and maintenance $45,000 180,000 45,000 90,000 Total variable overhead costs 360,000 Fixed overhead costs 24,000 80,000 12,000 79,000 Depreciation-building Taxes and Insurance Supervision Total fixed overhead costs 195,000 Total overthead costs $555,000