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

! Required information [The following information applies to the questions displayed below. 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 @ $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 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 72,000 18,000 277.250 392,250 $ 527,250 The company incurred the following actual costs when it operated at 75% of capacity in October. $ 317,200 214,200 Direct materials (61,000 pounds @ $5.20 per pound) Direct labor (21,000 hours @ $10.20 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs $ 41,050 176, 350 17,250 34,500 25,000 97,200 16,200 277,250 684,800 $ 1,216,200 ANTUAN COMPANY Flexible Overhead Budgets Variable Amount Total Fixed Flexible Budget at Capacity Level of per Unit Cost 65% 75% 85% For Month Ended October 31 Production (in units) Variable overhead costs Indirect materials Indirect labor Power Maintenance $ 0.00 $ 0 $ 0 $ 0 Total variable overhead Fixed overhead costs DepreciationBuilding DepreciationMachinery Taxes and insurance Supervisory salaries $ 0 $ 0 $ 0 $ 0 Total fixed overhead Total overhead costs 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 0 $ 0 $ 0 $ 0 3. Compute the direct labor variance, including its rate and efficiency variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to two decimal places.) Actual Cost Standard Cost $ 0 $ 0 $ 0 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.) ANTUAN COMPANY Overhead Variance Report For Month Ended October 31 Expected production volume Production level achieved Volume Variance Flexible Budget Actual Results Variances Favorable/Unfavorable Variable overhead costs Fixed overhead costs Total overhead costs Volume Variance $ CA Volume variance Total overhead variance