Antuan Company set the following standard costs per unit for its product. The standard overhead rate ( $18.50 per direct labor hour) is based on a predicted activily level of 75% of the factory's capacity of 20.000 units per month. Following are the comparty's budgeted overhead costs per month at the 75% capacity level. The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (61,000 pounds e $5,10 per pound ) Direct labor (22, e9e hours e \$11,30 per hour) \$311, 100 248,690 The company incurred the following actual costs when it operated at 75% of capacity in October Required: 1. Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the 65%,75%, and 85% capacity evels. ANTUAN COMPANY Flexible Overhead Budgets