Required information The following information applies to the questions displayed below Antuan, Company set the following standard costs for one unit of ts product Direct materials (3.0 Ibs. $$.9 per Ib.) Direct labor (1.7 hrs.$13.e0 per hr-) Overhead (1.7 hrs. e $18.50 per hr.) Total standard cost $15.00 22.18 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 Indirect labor $ 15,000 75,880 15,8e0 Repairs and maintenance Total variable overhead costs $135,0 Fixed overhead costs Depreciation-Building Depreciation Machin Taxes and insurance Supervision Total fixed overhead costs 23,808 72,880 17,000 224,75e 336,75e $471,750 Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October K Prey2 45 of 18 Next > 4% to search