Antuan Company set the following standard costs per unlt for Its product. The standard overhead rate ( $18.50 per direct labor hour) Is based on a predicted actlvity 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. The company Incurred the following actual costs when it operated at 75% of capacity in October. Compute the direct labor variance, including its rate and efficiency variances. lote: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to wo decimal places. 2. Compute the direct materials variance, including its price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. 1. Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the 65%,75%, and 85% capacity levels