info(please dont start if all questions arent going to be completed)

1)flexible overhead budgets

2) direct materials variance

3) direct labor variance

4) overhead variance report

Required information Problem 8-3A (Algo) Flexible overhead budget; materials, labor, and overhead variances; and overhead variance report LO P1, P2,P3,P4 [The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. 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 The company incurred the following actual costs when it operated at 75% of capacity in October. 1. Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the levels. 2. Compute the direct materials variance, including its price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) 3. Compute the direct labor varlance, 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.)