ces Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. Direct materials (5.0 pounds $4.00 per pound) Direct labor (1.6 hours $10.00 per hour) Overhead (1.6 hours $18.50 per hour) Standard cost per unit $ 20.00 16.00 29.60 $ 65.60 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 Indirect labor Power Maintenance $ 15,000 75,000 15,000 30,000 Total variable overhead costs 135,000 Fixed overhead costs 23,000 71,000 17,000 198,000 309,000 $ 444,000 Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (76,500 pounds $4.10 per pound) Direct labor (20,000 hours $10.30 per hour) Overhead costs Indirect materials Indirect labor $ 41,800 176,250 $ 313,650 206,000 level. Overhead Budget (75% Capacity) Variable overhead costs Indirect materials Indirect labor $ 15,000 75,000 Power 15,000 Maintenance 30,000 Total variable overhead costs 135,000 Fixed overhead costs Depreciation-Building Depreciation-Machinery 23,000. 71,000 Taxes and insurance. Supervisory salaries 17,000 198,000 Total fixed overhead costs. Total overhead costs 309,000 $ 444,000 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (76,500 pounds @ $4.10 per pound) Direct labor (20,000 hours @ $10.30 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance. Supervisory salaries Total costs $ 313,650 206,000 $ 41,800 176,250 17,250 34,500 23,000 95,850 15,300 198,000 601,950 $ 1,121,600 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 $4.10 per pound) 10.30 per hour) $313,550 206,000 41,800 176,250 17,250 34,500 23,000 95,850 15,300 198,000 601,950 Part 3 of 312 Direct materials (76,500 pounds Direct labor (20,000 hours Overhead opets Indirect material Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Teses and insurance Supervisory salaries look 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 Cent $ $ + $ Standard C