Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds a $6.00 per pound) Direct labor (1.8 hours a $14.00 per hour) Overhead (1.8 hours a $18.50 per hour) Standard cost per unit $ 24,00 25.20 33.30 $ 82.50 The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level 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. $ 15,000 75,000 15,000 30,000 135,000 Overhead Budget (75% Capacity) Variable overhead costs Indirect materials Indirect labor Power Maintenance Total variable overhead costs Fixed overhead costs Depreciation-Building Depreciation-Machinery - Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs 25,000 71,000 18,000 250,500 364,500 $ 499,500 The company incurred the following actual costs when it operated at 75% of capacity in October $ 381.300 312,400 Direct materials (61,500 pounds e$6.20 per pound) Direct labor (22,000 hours a $14.20 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs $ 41,550 176,350 17,250 34,500 25,000 95,850 16,200 250,500 657,200 $ 1.350,900 15. Award: 3.00 points 2. Compute the direct materials variance, including its price and quantity variances. (Indicate the effect of each variance by , . selecting favorable, unfavorable, or no variance.) Actual Cost Standard Cost Actual quantity Actual price Actual quantity X X Standard price Standard quantity x Standard price 0 x x $ D $ 0 $ 0 OP 0