[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 Ibs. $5.00 per Ib.) $20.00 Direct labor (1.7 hrs. $12.00 per hr.) Overhead (1.7 hrs. $18.50 per hr.) Total standard cost 20.40 31.45 $71.85 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 (758 Capacity) Variable overhead costs Indirect materials Indirect labor Power $ 15,000 90,000 15,000 Repairs and maintenance Total variable overhead costs Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance 30,000 $150,000 24,000 71,000 17,000 Supervision 209,750 Total fixed overhead costs 321,750 $471,750 Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (61,000 Ibs. Direct labor (20,000 hrs. Overhead costs Indirect materials Indirect labor Pover Repairs and maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervision Total costs $5.20 per lb.) $12.10 per hr.) $ 41,900 176,600 17,250 34,500 24,000 95,850 209,750 $ 317,200 242,000 15,300 615,150 $1,174,350