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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 7596 of the factory's capacity of 20.000 units per month. Following are the compony's budgoted overhead costs per month at the 75 capacity level: The company incurred the following actual costs when it operated at 75% of capacity in Octobet. 3. Compute the direct labor variance, including its rate and efficiency variances. (indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to two decimal places.) variance by selecting favorable, unfavorable, or no variance.) 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. 3. Compute the direct labor variance, including its rate and efficiency variances, (indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour" answers to two declmal places.) ANTUAN COMPANY Overhead Variance Report For Month Ended October 31. Expected production volume Production level achieved Volume Vanance