Can you please help me fill the questions below out and solve the problems
Required Information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $5.90 per Ib. ) $20. 80 Direct labor (1.9 hrs. @ $10.08 per hr.) 19.0 Overhead (1.9 hrs. @ $18.50 per hr. ) 35.15 Total standard cost $74.15 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume 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, 090 Indirect labor 75, 090 Power 15, 090 Repairs and maintenance 30, 090 Total variable overhead costs $135, 090 Fixed overhead costs Depreciation-Building 24, 09e Depreciation-Machinery 72, 090 Taxes and insurance 18,090 Supervision 278, 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 (61, 500 Ibs. @ $5.10 per 1b. ) $ 313, 650 Direct labor (22, 090 hrs. @ $10.40 per hr. ) 228, 808 overhead costs Indirect materials $ 41, 650 Indirect labor 176, 309 Power 17,250 Repairs and maintenance 34, 508 Depreciation-Building 24, 808 Depreciation-Machinery 97, 209 Taxes and insurance 16, 209 Supervision 278,250 685, 350 Total costs $1, 227, 808 Required: 1&2. Prepare flexible overhead budgets for October showing the amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels and classify all items listed in the fixed budget as variable or fixed. ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Flexible Budget Flexible Budget for Variable Amount Total Fixed 65% of 75% of 85% of per Unit Cost capacity capacity capacity Sales (in units) Variable overhead costs Fixed overhead costs Total overhead costs! Required Information [The following information applies to the questions displayed below] Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $5.90 per Ib. ) Direct lab rs. @ $10.09 per hr.) overhead (1.9 hrs. @ $18.50 per hr. ) 35.15 Total standard cost $74.15 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume 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, 09 Indirect labor 75, 090 Power 5,090 Repairs and maintenance Total variable overhead costs $135, 090 overhead costs Depreciation-Building Depreciation-Machinery 72, 0 Taxes and insurance 18 , 0 Supervision 278 , 250 Total fixed overhead costs 392, 250 otal overhead costs $527, 250 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (61,500 Ibs. @ $5.10 per 1b. ) $ 313, 65 Direct labor ( overhead costs 228, 809 Indirect materials Indirect labor Power Repairs and maintenance Depreciation-Bu 14, 508 Depreciation-Machinery 17,209 Taxes and insurance 6, 208 Supervision Total costs 685,358 $1, 227, 800 3. Compute the direct materials cost variance. including its price and quantity variances. (Indicate the effect of each variance by selecting for favorable, unfavorable, and No variance.) Actual Cost Standard CostRequired Information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs for one unit of its product. rect materials (4.0 Ibs. @ $5.00 per Ib. ) $20.80 Direct labor (1.9 hrs. @ $10.09 per hr.) 19.09 Overhead (1.9 hrs. @ $18.50 per hr. ) 35.15 Total standard cost $74.15 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume 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 evel Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 15, 090 Indirect labor 75, 080 Power 15, 090 Repairs and maintenance 30, one Total variable overhead costs $135, 090 ixed overhead costs Depreciation-Building 24, 090 Depreciation-Machinery 72,09 Taxes and insurance 18, 096 Supervision 278, 250 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 (61,500 Ibs. @ $5.10 per 1b. ) $ 313, 650 Direct labor (22,009 hrs. @ $10.40 per hr. ) 228, 209 overhead costs Indirect materials $ 41, 650 Indirect labor 176, 309 Power 17, 258 Repairs and maintenance Depreciation-Building 24, 098 Depreciation-Machinery 97 , 209 Taxes and insurance 16, 209 Supervision 278, 250 685,350 Total costs $1, 227, 800 4. Compute the direct labor cost variance, including its rate and efficiency variances. (Indicate the effect of each variance by selecting for favorable, unfavorable, and No variance. Round "Rate per hour" answers to two decimal places.) Actual Cost Standard CostRequired Information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $5.00 per Ib. ) $20.80 overhead (1.9 35.15 Total standard cost $74.15 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume 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 evel. Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 15, 090 Indirect labor 75, 090 Power 15,090 Repairs and maintenance 30, 080 Total variable overhead costs d overhead costs $135, 090 Depreciation-Building 24, 090 Depreciation-Machinery 72,090 Taxes and insurance 18, 090 Supervision 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 (61, 500 Ibs. 313, 650 Direct labor (22,009 hrs. @ $10.40 per hr. ) 228, 808 Overhead costs Indirect materials Indirect labor $ 41, 650 176,308 17, 250 Repairs and maintenance 34, 508 Depreciation-Building 24, 098 Depreciation-Machinery Taxes and insurance 16, 209 Supervision 278.250 685,356 Total costs $1, 227, 209 5. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. (Indicate the effect of each variance by selecting for favorable, unfavorable, and No varlance.) ANTUAN COMPANY Overhead Variance Report For Month Ended October 31 Expected production volume Production level achieved Volume variance Flexible Budget Actual Results Variances Fav. / Unfav. Variable costs Fixed costs Total overhead costs