Required information: [The following information applies to the questions displayed below] Antuan Company set the following standard costs for one unit of its product. Direct materials (3.0 Ibs. @ $5.00 per Ib.) Direct labor (1.7 hrs. @ $13.00 per hr.) Overhead (1.7 hrs. @ $18.50 per hr.) Total standard cost $15.00 22.10 31.45 $68.55 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume 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. $15,000 Indirect labor 75,000 Power 15,000 Repairs and maintenance 30,000 Total variable overhead costs $135,000 Fixed overhead costs Depreciation-Building 25,000 Depreciation-Machinery Taxes and insurance 70,000 17,000 Supervision 224,750 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 Direct materials (46,500 lbs. @ $5.10 per lb.) Direct labor (20,000 hrs. $13.20 per hr.) Overhead costs Indirect saterials Indirect labor Power Repairs and maintenance $ 41,200. 176,000 17,250 34,500 $ 237,150 264,000