Required information [The following information applies to the questions displayed below] Antuan Company set the following standard costs per unit for its product The standard overhead rate (\$18.50 per direct labor hour) is based on a predicted activity level 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. The company incurred the following actual costs when it operated at 75% of capacity in October. ompute the direct materials variance, including its price and quantity variances Indicate the effect of each variance by selecting favorable, unfavorable, or no variance