Part1of4 5.55 points Spred References Direct materials [4.0 pounds 0 $4.00 per pound) $ 16.00 Direct labor (1.6 hours E $11.00 per hour) 17.60 Overhead (1.6 hours 0 $13.50 per hour) 29.60 Standard cost per unit $ 63.20 The standard overhead rate ($18.50 per direct labor hour} is based on a predicted activity level of 75% ofthe factory's capacity of 20.000 units per month. Following are the company's budgeted overhead costs per month at the 15% capacity level. Overhead Budget {15% Capacity} Variable overhead costs Indirect materials $ 15,000 Indirect labor 15,000 Power 15,000 Maintenance 30,000 Total variable overhead costs 135,000 Fixed overhead costs DepreciationHBuiiding 24,000 DepreciationMachinery 11,000 Taxes and insurance 11,000 Supervisory salaries 191,000 Total fixed overhead costs 309,000 Total overhead costs $ 449:000 The company incurred the following actual costs when it operated at 15% of capacity in October. Direct materials (61,000 pounds 8 $4.10 per pound] $ 250,100 Direct labor [22,000 hours 0 $11.30 per hour} 248,600 Overhead costs Indirect materials $ 41,950 Indirect labor 116,650 Power 11,250 Maintenance 34,500 DepreciationaBuiLding 24,000 DepreciationMachinery 95,850 Taxes and insurance 15,300 Supervisory salaries 191,000 602,500 Total costs 5 1:101:20\" Require cl: 1. Prepare flexible overhead budgets for October showing amounts of each variable and xed cost at the 6596,1595, and 85% capacity levels. Taxes and insurance 15 , SUU Supervisory salaries 197 ,000 602, 500 Total costs $ 1, 101, 200 Part 1 of 4 Required: 1. Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels. 5.55 points ANTUAN COMPANY Skipped Flexible Overhead Budgets Flexible Budget at Capacity Level of For Month Ended October 31 Variable Amount Total Fixed per Unit Cost 65% 75% 85% eBook Production (in units) Variable overhead costs Print References $ 0.00 $ 0 $ 0 $ 0 Fixed overhead costs $ o $ o $ o $ Total overhead costs