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 (4.0 Ibs.$5.00 per Ib.) $20.00 Direct labor (1.8 hrs. e $11.00 per hr.) Overhead (1.8 hrs. $18.50 per hr. Total standard cost 5 19.80 33.30 $73.10 The predetermined overhead rte ($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. Variable overhead costs Indirect materials Indirect labor Power Repairs and maintenance Total variable overhead costs 15,000 75,000 15,000 30,000 $135,000 Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervision Total fixed overhead costs 25,000 71,000 16,000 252,500 364,500