Required Information [The following information applles 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 cosis per month at the 75% capacity level. The company incurred the following actual costs when it operated at 75% of capacity in October. Required: 1. Prepare flexible oxerhead budgets for October showng amounts of each variable and fixed cost at the 65%,75%, and 85% capacity levels. fevorable, untevoreble, or no veriance.) 3. Compute the drect lebor variance, incuaing is rote and efficiency vartances finclictse the effect of each vartance by seiecting fevorable, unfevornble, or so verlance. Round "Rate per hour" entwers to two decimal pleces.? 4. Prepare a detalled overhead varlance report that shows the varlances for individual items of overhead. (Indicote the effect of each variance by selecting favorable, unfavorable, or no varlance.)