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. $6.00 per Ib.)$24.00 Direct labor (1.8 hrs $12.00 per hr.) overhead (1.8 hr. $18.50 per hr.) Total standard cost 21.60 33.30 $78.90 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. Variable overhead costs Indirect materials Indirect laboz Power Repairs and maintenance Total variable overhead costs s 15,000 75,000 15,000 30,000 $135,000 Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervision Total fixed overhead costs 25,000 71,000 17,000 251,500 364,500 $499,500 Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October