Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds $5.00 per pound) Direct labor (1.9 hours e $10.00 per hour) Overhead (1.9 hours $18.50 per hour) Standard cost per unit $ 20.00 19.00 35.15 $74.15 The standard overhead rate ($18.50 per direct labor hour) is based on a prifdicted 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. 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 $ 15,000 75,000 15,000 30,000 135,000 24,000 71,000 16,000 281,250 392,250 $527,250 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (61,000 pounds $5.20 per pound) Direct labor (21,000 hours $10.30 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs $ 41,100 176,850 17,250 34,500 24,000 95,850 14,400 281,250 $ 317,200 216,300 685,200 $ 1,218,700 ANTUAN COMPANY Flexible Overhead Budgets Flexible Budget at Capacity Level of For Month Ended October 31 Variable Amount Total Fixed per Unit Cost 65% Production (in units) Variable overhead costs 75% 85% $ 0.00 0 $ 0 $ 0 Fixed overhead costs $ 0 $ 0 $ 0 0 Total overhead costs