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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
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$15.0e Direct labor (1.7 hrs. e $13.ee per hr.) Overhead (1.7 hrs. e s18.50 per hr.) Total standard cost 22.10 31.45 468.55 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 companys budgeted overhead costs per month at the 75% capacity level. Overhead Budget (758 Capacity) Variable overhead costs Indirect labor Power Repairs and maintenance Total variable overhead costs s 15,000 75,009 15,800 30,000 $135,e98 Fixed overhead costs Depreciation-Building Depreciation- Machinery Taxes and insurance Supervision Total fixed overhead costs 23,8e9 72,00 17,009 224.758 336,758 $471,758 Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October K PreyS of 18EEE Next> ere to search
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