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Required information Skip to question [ The following information applies to the questions displayed below. ] Antuan Company set the following standard costs per unit
Required information Skip to question The following information applies to the questions displayed below. Antuan Company set the following standard costs per unit for its product. Direct materials pounds @ $ per pound $ Direct labor hours @ $ per hour Overhead hours @ $ per hour Standard cost per unit $ The standard overhead rate $ per direct labor hour is based on a predicted activity level of of the factorys capacity of units per month. Following are the companys budgeted overhead costs per month at the capacity level. Overhead Budget Capacity Variable overhead costs Indirect materials $ Indirect labor Power Maintenance Total variable overhead costs Fixed overhead costs DepreciationBuilding DepreciationMachinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs $ The company incurred the following actual costs when it operated at of capacity in October. Direct materials pounds @ $ per pound $ Direct labor hours @ $ per hour Overhead costs Indirect materials $ Indirect labor Power Maintenance DepreciationBuilding DepreciationMachinery Taxes and insurance Supervisory salaries Total costs $ Required: Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the and capacity levels.
Required information
Skip to question
The following information applies to the questions displayed below.
Antuan Company set the following standard costs per unit for its product.
Direct materials pounds @ $ per pound $
Direct labor hours @ $ per hour
Overhead hours @ $ per hour
Standard cost per unit $
The standard overhead rate $ per direct labor hour is based on a predicted activity level of of the factorys capacity of units per month. Following are the companys budgeted overhead costs per month at the capacity level.
Overhead Budget Capacity
Variable overhead costs
Indirect materials $
Indirect labor
Power
Maintenance
Total variable overhead costs
Fixed overhead costs
DepreciationBuilding
DepreciationMachinery
Taxes and insurance
Supervisory salaries
Total fixed overhead costs
Total overhead costs $
The company incurred the following actual costs when it operated at of capacity in October.
Direct materials pounds @ $ per pound $
Direct labor hours @ $ per hour
Overhead costs
Indirect materials $
Indirect labor
Power
Maintenance
DepreciationBuilding
DepreciationMachinery
Taxes and insurance
Supervisory salaries
Total costs $
Required:
Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the and capacity levels.
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