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Please help! thank you! Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for
Please help! thank you!
Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. Part 1 of 4 28 . 37. 3 points print $ 15, References 135 , 309 , 42 , $ 41,650 176,050 17,250 34,500 23, o 95,850 15,300 309, Direct materials (4.0 pounds @ $5.ee per pound) Direct tabor (2.0 hours @ $14. per hour) Overhead (2.0 hours @ $18.50 per hour) Standard cost per unit $ 2. $ 85.00 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 level. Overhead Budget Variable overhead costs Indirect materials Indirect tabor Power Maintenance Total variable overhead Fixed overhead costs Depreciat ionBu i ld ing Depreciat ionMach inery Taxes and insurance Supervisory salaries (75% Capacity) costs Total fixed overhead costs Total overhead costs 75, 15 , 30 , 23 , 71, 17 , $ 555, The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (61,000 pounds @ $5.10 per pound) Direct tabor (19, ee hours @ $14.40 per hour) Overhead costs Indirect materials Indirect tabor Power Maintenance Depreciat ionBuilding Depreciat ionMach inery Taxes and insurance Supervisory salaries Total costs quired: $ 311,100 273,600 712,600 . Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity evels. Flexible Overhead Budgets Flexible Budget at Capacity Level of Variable Amount Total Fixed For Month Ended October 31 per unit Production (in units) Variable overhead costs Fixed overhead costs Total overhead costs Cost 0.00 65% 85%
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