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Multipart question. Antuan Company set the following standard costs for one unit of its product. Direct materials (3.9 Ibs. @ $4.99 per Ib.) $12.99 Direct

Multipart question.

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Antuan Company set the following standard costs for one unit of its product. Direct materials (3.9 Ibs. @ $4.99 per Ib.) $12.99 Direct labor (1.9 hrs. @ $11.99 per hr.) 29.99 Overhead (1.9 hrs. @ $18.59 per hr.) 35.15 Total standard cost $68.95 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 $ 15,996 Indirect labor 75,999 Power 15,696 Repairs and maintenance 45,996 Total variable overhead costs $159,999 Fixed overhead costs DepreciationBuilding 23,999 DepreciationMachinery 71,999 Taxes and insurance 17,696 Supervision 266,259 Total Fixed overhead costs 377,259 Total overhead costs $527,259 The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (46,666 Ibs. @ $4.26 per lb.) $ 193,266 Direct labor (22,666 hrs. @ $11.36 per hr.) 248,666 Overhead costs Indirect materials $ 41,256 Indirect labor 176,266 Power 17,256 Repairs and maintenance 51,756 DepreciationBuilding 23,666 DepreciationMachinery 95,856 Taxes and insurance 15,366 Supervision 266,256 686,856 Total costs $1,128,656 a the direct materials cost variance, including its price and quantity variances. (Indicate the effect of each variance by or favorable, unfavorable, and No variance.) - Standard quantity uantity Standard price 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 Cost $ O $ O OANTUAN 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

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