Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds @ $4.00 per pound) Direct labor (1.6 hours @ $11.00 per hour) Overhead (1.6 hours @ $18.50 per hour) Standard cost per unit $ 16.00 17.60 29.60 $ 63.20 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. 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 45,000 150,000 25,000 71,000 16,000 182,000 294,000 $ 444,000 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (60,500 pounds @ $4.20 per pound) Direct labor (22,000 hours @ $11.10 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs $ 41,400 176,900 17,250 51,750 25,000 95,850 14,400 182,000 $ 254,100 244,200 604,550 $ 1,102,850