Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds @ $5.00 per pound) Direct labor (1.8 hours $13.00 per hour) Overhead (1.8 hours @ $18.50 per hour) Standard cost per unit $ 20.00 23.40 33.30 $76.70 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 $ 15,000 75,000 Power 15,000 Maintenance 30,000 Total variable overhead costs 135,000 Fixed overhead costs 24,000 71,000 16,000 253,500 364,500 $ 499,500 Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (61,500 pounds @ $5.20 per pound) Direct labor (22,000 hours @$13.20 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs $ 319,800 290,400 $ 41,200 176,750 17,250 34,500 24,000 95,850 14,400 253,500 657,450 $ 1,267,650 9 < Prev 14 15 16 17 of 17 Next >