E PB Q M Bb (X UCSC UCSC iF HER 0 3 B V MO + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252... * Ch 8 HW - ACG3073 i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 23 Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 Ibs. @ $6.00 per Ib. ) $24.00 Part 3 of 4 Direct labor (1.9 hrs. @ $11.00 per hr. ) 20.90 Overhead (1.9 hrs. @ $18.50 per hr. ) 35 . 15 Total standard cost $80 . 05 9 points 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 (758 Capacity) Variable overhead costs Indirect materials $ 15, 000 Indirect labor 75, 000 Power 15, 000 Repairs and maintenance 30,000 Total variable overhead costs $135,000 Fixed overhead costs Depreciation-Building 25, 000 Depreciation-Machinery 71, 000 Taxes and insurance 17,000 Supervision 279, 250 Total fixed overhead costs 392, 250 Total overhead costs $527, 250 Mc Graw E PB Q M Bb (X UCSC UCSC iF HER 0 3 B V MO + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252... * Ch 8 HW - ACG3073 i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 23 Total overhead costs $527, 250 The company incurred the following actual costs when it operated at 75% of capacity in October. Part 3 of 4 Direct materials (61,500 Ibs. ( $6.20 per 1b. ) $ 381,300 Direct labor (21,000 hrs. @ $11. 40 per hr. ) 239, 400 9 Overhead costs points Indirect materials $ 41, 750 Indirect labor 176 , 100 Power 17 ,250 Repairs and maintenance 34, 500 Depreciation-Building 25, 000 Depreciation-Machinery 95 , 850 Taxes and insurance 15, 300 Supervision 279 , 250 685,000 Total costs $1, 305, 700 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.) X Answer is not complete. Actual Cost Mc Graw E PB Q M Bb (X UCSC UCSC iF HER 0 3 B V MO + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252... * Ch 8 HW - ACG3073 i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 23 4. Compute the direct labor cost variance, including its rate and efficiency variances. (Indicate the effect of each variance by Part 3 of 4 selecting for favorable, unfavorable, and No variance. Round "Rate per hour" answers to two decimal places.) X Answer is not complete. 9 points Actual Cost Actual hours X Actual rate V Actual hours V X Standard rate Standard 20,000 X X $ 75.00 X X $ 1,500,000 $ 0 $ 0 O 0 Direct labor efficiency variance X Mc Graw E PB Q M Bb (X UCSC UCSC iF HER 0 3 B V MO +