Antuan Company set the following standard costs per unit for its product. Direct materials (6 pounds & $5 per pound) $ 30 Direct labor (2 hours $17 per hour) 34 Overhead (2 hours e $18.50 per hour) 37 Standard cost per unit $ 101 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 (751 Capacity) Variable overhead costs Indirect materials $ 45,000 Indirect labor 180,000 Power 45,000 Maintenance 90.000 Total variable overhead costs 360,000 Fixed overhead costs Depreciation-Building 24,000 Depreciation-Machinery 80,000 Taxes and insurance 12,000 Supervisory salaries 79,000 Total fixed overhead costs 195,000 Total overhead costo $ 555,000 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (91,000 pounds $5.10 per pound) $ 464,100 Direct labor (30,500 hours $17.25 per hour) 526,125 Overhead conto Indirect materials $ 44,250 Indirect labor 177.750 Power 43,000 Maintenance 96,000 Depreciation-building 24,000 Depreciation Machinery 75,000 Taxes and Insurance 11,500 Supervisory salaries 89,000 560, 500 Total conto $1,550,725 Standard Cost Actual Cost Required information 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 $ 0 Volume variance Total overhead variance