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 (4.0 pounds $6.00 per pound) Direct labor (1.7 hours $12.00 per hour} Overhead (1.7 hours $18.50 per hour) Standard cost per unit $24.00 20.40 31.45 $75.85 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 (755 Capacity) Variable overhead costs Indirect materials Indirect labor $15,000 75,000 Power 151000 Maintenance 30,000 Total variable overhead costs 135,000 Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries 24,000 72,000 18,000 222,750 Total fixed overhead costs Total overhead costs 336,750 $ 471,750 The company incurred the following actual costs when it operated at 75% of capacity in October hirant materials (61.000 nounds 56.10 per noun) $172.100 Prev 1 2 3 4 of 6 Next >