Antuan Company set the following standard costs per unit for its product.

Direct materials (4.0 pounds @ $5.00 per pound) $ 20.00

Direct labor (2.0 hours @ $12.00 per hour) 24.00

Overhead (2.0 hours @ $18.50 per hour) 37.00

Standard cost per unit $ 81.00

The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level of 75% of the factorys capacity of 20,000 units per month. Following are the companys budgeted overhead costs per month at the 75% capacity level.

Overhead Budget (75% Capacity)

Variable overhead costs:

Indirect materials $ 15,000

Indirect labor 75,000

Power 15,000

Maintenance 30,000

Total variable overhead costs 135,000

Fixed overhead costs:

DepreciationBuilding 24,000

DepreciationMachinery 72,000

Taxes and insurance 18,000

Supervisory salaries 306,000

Total fixed overhead costs 420,000

Total overhead costs $ 555,000

The company incurred the following actual costs when it operated at 75% of capacity in October.

Direct materials (61,500 pounds @ $5.10 per pound) $ 313,650

Direct labor (21,000 hours @ $12.30 per hour) 258,300

Overhead costs:

Indirect materials $ 41,600

Indirect labor 176,450

Power 17,250

Maintenance 34,500

DepreciationBuilding 24,000

DepreciationMachinery 97,200

Taxes and insurance 16,200

Supervisory salaries 306,000 713,200

Total costs $ 1,285,150

4. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)

Hello! I only need help with question #4 about the Overhead Variance Report. I did all the other required worksheets and they were all correct. But I am stuck with this one. Here's my answers for the following, but system shows them as incorrect.

Budgeted (flexible) overhead $555,000

Standard Overhead Applied $545,400

Volume Variance: $9,600 (no variance)

Thank you.

Total Overhead Variance: $148,600