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 Iba.$5.00 per Ib. $20.00 Direct labor (1.9 hrs. $11.00 per hr. Overhead (1.9 hrs. $18.50 per hr.) Total standard cost 20.90 35.15 $76.05 The predetermined overhead rate ($18.50 per direct labor hour) is based on an expected volume of 75% of the capacity of 20,000 units per month. Following are the company's budgeted overhead costs per month at the 7 level. factory's 5% capacity Overhead Budget (75 Capacity) Variable overhead costs Indirect materials Indirect labor Power 15,000 75,000 15,000 30,000 Repairs and maintenance Total variable overhead costs $135,000 Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervision Total fixed overhead costs 24,000 71,000 16,000 281,250 392,250 $527,250 Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (61,000 b. 5.20 per $317,200 257,600 lb.) Direot labor (23,000 hrs. $11.20 per hr.) Overhead costs ?Prev 10 11 12 131 of 13 Next >