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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

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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 materials (3.0 Ibs. $15.00 $5.00 per Ib.) Direct labor (1.6 hrs. @ $12.00 19.20 per hr.) Overhead (1.6 hrs. @ $18.50 per 29.60 hr.) Total standard cost $63.80 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 (75N 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 23,eee Depreciation- 70,000 Machinery Taxes and insurance 17,000 Supervision 199,000 Total fixed overhead 309,000 costs Total overhead costs $444,000 The company incurred the following actual costs when it operated t 75% of capacity in October $ 239,200 254.100 Direct materials (46,000 lbs. @ $5.20 per lb.) Direct labor (21,000 hrs. @ $12.10 per hr.) Overhead costs Indirect materials Indirect labor Power Repairs and maintenance Depreciation Building Depreciation Machinery Taxes and insurance Supervision Total costs $ 41,500 176,600 17,250 34,500 23,000 94,500 15,300 199,000 601.650 $1.094,950 Required: 162. Prepare flexible overhead budgets for October showing the amounts of each variable and feed cost at the 65% 75%, and 85% capacity levels and classify all items listed in the fixed budget as variable or feed ANTUAN COMPANY Flexible Overhead Budgets $ 239,200 254,100 Direct materials (46,000 Ibs. $5.20 per lb.) Direct labor (21,000 hrs. @ $12.10 per hr.) Overhead costs Indirect materials Indirect labor Power Repairs and maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervision Total costs $ 41,500 176,600 17,250 34,500 23,000 94,500 15,300 199,000 601,650 $1,094,95 Required: 182. Prepare flexible overhead budgets for October showing the amounts of each variable and foed cost at the 65%, 75%, and 85% capacity levels and classify all items listed in the fixed budget as variable or fixed. ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Flexible Budget Flexible Budget for Variablo Total 65% of 75% of 85% of Amount per Fixed Unit capacity capacity capacity Cost Sales (in units) Variable overhead costs $ 0.00 0 Fixed overhead costs 0 0 0 0 Total overhead costs

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