Problem $8-3$A $($Algo$)$ Flexible overhead budget; materials, labor, and overhead variances; and overhead

variance report LO P$1,$ P$2,$ P$3,$ P$4$

$[$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\mathrm{.}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.

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

Direct labor $(20,000$ hours @ $$11\mathrm{.}30$ per hour$)226,000$

Overhead costs Required information

Problem $8-3$A $($Algo$)$ Part $1$

Required:

Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the $65\%,75\%,$ and $85\%$ capacity

levels. Required information

Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the $65\%,75\%,$ and $85\%$ capacity levels.

Prev

of $12$

Next