hework $($i$)$

Antuan Company set the following standard costs per unit for its product.

Direct materials $(4\mathrm{.}0$ pounds @ $$4\mathrm{.}00$ per pound$)$

Direct labor $(1\mathrm{.}7$ hours @ $$14\mathrm{.}00$ per hour$)$

Overhead $(1\mathrm{.}7$ hours @ $$18\mathrm{.}50$ per hour$)$

Standard cost per unit

$\backslash$table$[[,\backslash$table$[[16\mathrm{.}06],[23\mathrm{.}86],[31\mathrm{.}45]]],[$$$,71\mathrm{.}25]]$

The standard overhead rate $($ $$18\mathrm{.}50$ per direct labor hour$)$ is based on a predicted activity level of $75$ capacity of $20,000$ units per month. Following are the company's budgeted overhead costs per mont level.

Overhead Budget $(75\%$ Capacity$)$

Variable overhead costs

Indirect materials

Indirect labor

Power

Maintenance

Total variable overhead costs

Fixed overhead costs

Depreciation$-$Building

Depreciation$-$Machinery

Taxes and insurance

Supervisory salaries

Total fixed overhead costs

Total overhead costs

$])$:$\}$

$75,000$

$15,000$

$[30,000$

$[25,000],[70,000],[17,000],[224,750],[336,750],[$$$471,750]$

The company incurred the following actual costs when it operated at $75\%$ of capacity in October:

Overhead costs hours & $$14\mathrm{.}30$ per hour$)$

Indirect materials

Indirect labor

Power

Maintenance

Depreciation$-$Building

Depreciation$-$Machinery

Taxes and insurance

Supervisory salaries

Total costs

$ $258,300286,000$

Note: Indicate the effect materials variance, including its price and quantity variances.