Antuan Company set the following standard costs for one unit of its product Direct materiais (3. tbl. 14.00 per 1b.) Direct labor (2. hrs. $12.perh.) Overhead (2.0 hrs. $13.50 per hu ) Total standard cost The predetermined overhead rate 518 50 per direct labor hour is based on an expected volume of capacity of 20.000 units per month. Following are the company's budgeted overhead cost per month at the of the factor's level, Detect Variable overhead costs Indirect materials $15.00 Indirect labor 75,00 15.00 Repairs and maintenance Total are over costs 22.00 Dereciation Bulling Depreciation Taxes and insurance Supervisi Total Fixed costs 5555 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (45,500 Tbs. 14.10 pelb.) Direct labor (21,000 hrs. $12.30 pr .) Overhead costs Indirect waterials Indirect labor Repairs and maintenance Depreciation Building Depreciation Machinery Taxes and insurance Supervision Total costs 5. Prepare a detailed overhead variance report that shows the variances for individual items of overhead ANTUAN COMPANY Overhead Vrance Report For Month Ended October 31