[The following information applies to the questions displayed below. Antuan Company set the following standard costs for one unit of its product. Direct materials (4.0 lbs. $6.00 per lb) Direct labor (2.0 hrs. $13.00 per hr.) Overhead (2.0 hrs. @ $18.50 per hr.) 24.00 26.00 37.00 Total standard cost $ 8700 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 (75% Capacity) Variable overhead costs Indirect materials Indirect labor Power Repairs and maintenance $ 15,000 75,000 15,000 45,000 Total variable overhead costs 150,000 Fixed overhead costs Depreciation-building Depreciation-machinery Taxes and insurance Supervision 23,000 72,000 7,000 293,000 Total fixed overhead costs 405,000 Total overhead costs $555,000