Antuan Company set the following standard costs for one unit of its product. Direct materials (3.0 Ibs.$5.00 per Ib.) Direct labor (1.8 hrs. $13.00 per hr.) Overhead (1.8 hrs.@$18.50 per hr.) Total standard cost $15.00 23.40 33.30 $71.70 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 Indirect materials Indirect labor Power Repairs and maintenance Total variable overhead costs $. 15,000 75,000 15,000 30,000 $135,000 Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervision Total fixed overhead costs 25,000 71,000 17,000 251,500 364,500 $499,500 Total overhead costs