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 (1.7 hours @ $14.00 per hour) Overhead (1.7 hours @ $18.50 per hour) Standard cost per unit $ 20.00 23.80 31.45 $ 75.25 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. Depreciation-Building Depreciation-Machinery 23,000 72,000 Taxes and insurance 17,000 224,750 336,750 $ 471,750 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 @ $4.20 per pound) Direct labor (21,000 hours @ $14.20 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries. Total costs $ 41,550 176,700 17,250 34,500 23,000 97,200 15,300 224,750 $ 319,200 298,200 630,250 $ 1,247,650