[The following information applies to the questions displayed below] Antuan Company set the following standard costs per unit for its product. Direct materials (3.0 pounds @ $5.00 per pound) Direct labor (1.6 hours @ $10.00 per hour) Overhead (1.6 hours @ $18.50 per hour) Standard cost per unit $ 15.00 16.00 29.60 $ 60.60 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 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% capaci level. Overhead Budget (75% Capacity) Variable overhead costs Indirect materials Indirect labor Power Maintenance Total variable overhead costs Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs $ 15,000 75,000 15,000 30,000 135,000 24,000 72,000 17,000 196,000 309,000 $ 444,000 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (46,000 pounds $5.20 per pound) Direct labor (21,000 hours @ $10.20 per hour) $ 239,200 214,200 Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs 1 $ 41,650 176,250 17,250 34,500 24,000 97,200 15,300 196,000 602,150 $ 1,055,550 Required information For Month Ended October 31 Variable Amount Total Fixed per Unit Cost 75% Flexible budget at Capacity Lever on 65% 85% Production (in units) Variable overhead costs $ 0.00 0 $ 0 $ Fixed overhead costs Total overhead costs 0 $ 0 Required: 1. Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels