antuan company set the following standard costs per unit for its product

[The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. Direct materials (3.0 pounds @ $5.00 per pound) Direct labor (1.9 hours @ $11.00 per hour) $15.00 20.90 35.15 Overhead (1.9 hours $18.50 per hour) Standard cost per unit $ 71.05 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 $ 15,000. Indirect labor 75,000 Power 15,000 Maintenance 30,000 135,000 Total variable overhead costs Fixed overhead costs. 24,000 72,000 Depreciation-Building Depreciation-Machinery Taxes and insurance. Supervisory salaries 17,000 279,250 Total fixed overhead costs 392,250 Total overhead costs - $ 527,250 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (45,500 pounds @ $5.20 per pound) Direct labor (21,000 hours $ 236,600. 235,200 $11.20 per hour) Overhead costs $41,700 Indirect materials Indirect labor 176,950 Power 17,250 Maintenance 34,500 24,000 97,200 Depreciation-Building Depreciation Machinery Taxes and insurance. Supervisory salaries. 15,300 279,250 686,150 *** REA Taxes and insurance Supervisory salaries 15,300 279,250 686,150 $1,157,950. Total costs Required: 1. Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels. ANTUAN COMPANY Flexible Overhead Budgets Flexible Budget at Capacity Level of For Month Ended October 31 Variable Amount Total Fixed per Unit Cost 65% 75% 85% Production (in units) Variable overhead costs 0.00 Fixed overhead costs Total overhead costs $ $ $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 0 3 Part 2 of 4 Book 01 Taxes and insurance Supervisory salacios 13,000 319,259 392-390 Total fixed overhead coats Total overhead coats 527,258 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materiale (45,500 pounds 15-20 per pound) Direct labor (21,000 houre 11.20 per hour) 8234,600 235,200 Overhead costs $41,108 Indirect materiale Indirect labor Power 176,950 17,258 34,500 24,900 Lance Depreciation-Building Depreciation Machinery Tases and insurance Supervisory salarias 97,200 15,308 229.259 445-150 $1,157,950 total 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 Cast Standard Cast 0 $ 9 S Check my work 4 Supervisory salaries Total fixed overhead coe 279,250 3937/350 Total overhead costs #527,250 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materiale (45,500 pounds $5.20 per pound) Direct labor (21,000 hours $11.20 per houry 236,600 235,200 Overhead costa Indirect materials 41,700 Indirect labor 176,950 17,250 Por Maintenance 34,500 Depreciation Building 24,000 97,200 Depreciation Machinery Taxes and insurance Supervisory salaries 15,300 279,250 696-150 $1,152,950 Total costa 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 $ 0 $ 0 $ Standard Cost chick by 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 Volume variance $ 0 Total overhead variance