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question 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
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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 level. The company incurred the following actual costs when it operated at 75% of capacity in October. ANTUAN COMPANY Overhead Variance Report For Month Ended October 31 Expected production volume Production level achieved Volume Variance \begin{tabular}{|l|l|l|} \hline Variable overhead costs & Flexible Budget Actual Results & Favorable or \\ Unfavorable \end{tabular} Step by Step Solution
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