! Required information [The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. Direct materials (5.0 pounds $4.00 per pound) Direct labor (1.9 hours @ $11.00 per hour) Overhead (1.9 hours $18.50 per hour) Standard cost per unit $ 20.00 20.90 35.15 $ 76.05 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 (75% Capacity) Variable overhead costs Indirect materials Indirect labor $ 15,000 75,000 Power 15,000 Maintenance 30,000 Total variable overhead costs 135,000 Fixed overhead costs. 24,000 71,000 16,000 281,250 392,250 $ 527,250 Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (76,000 pounds @ $4.10 per pound) Direct labor (20,000 hours @ $11.20 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs $ 41,900 176,200 17,250 34,500 24,000 95,850 14,400 281,250 $ 311,600 224,000 685,350 $ 1,220,950