[The following information applies to the questions displayed below.] Antuan Company set the following standard costs per unit for its product.

Direct materials (4.0 pounds @ $5.00 per pound)	$ 20.00
Direct labor (2.0 hours @ $11.00 per hour)	22.00
Overhead (2.0 hours @ $18.50 per hour)	37.00
Standard cost per unit	$ 79.00

The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level of 75% of the factorys capacity of 20,000 units per month. Following are the companys budgeted overhead costs per month at the 75% capacity level.

Overhead Budget (75% Capacity)
Variable overhead costs
Indirect materials	$ 15,000
Indirect labor	90,000
Power	15,000
Maintenance	30,000
Total variable overhead costs	150,000
Fixed overhead costs
DepreciationBuilding	24,000
DepreciationMachinery	72,000
Taxes and insurance	16,000
Supervisory salaries	293,000
Total fixed overhead costs	405,000
Total overhead costs	$ 555,000

The company incurred the following actual costs when it operated at 75% of capacity in October.

Direct materials (60,500 pounds @ $5.20 per pound)		$ 314,600
Direct labor (19,000 hours @ $11.20 per hour)		212,800
Overhead costs
Indirect materials	$ 41,250
Indirect labor	176,700
Power	17,250
Maintenance	34,500
DepreciationBuilding	24,000
DepreciationMachinery	97,200
Taxes and insurance	14,400
Supervisory salaries	293,000	698,300
Total costs		$ 1,225,700

4. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)

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.) Actual Cost Standard Cost $ 0 $ 0 $ 0 0 Total variable overhead cost variance ANTUAN COMPANY Overhead Variance Report For Month Ended October 31 Expected production volume Production level achieved Volume Variance Flexible Budget Actual Results Variances Fav. / Unfav. Variable overhead costs Fixed overhead costs Total overhead costs Volume Variance Volume variance $ $ O Total overhead variance 2. Compute the direct materials variance, including its price and quantity variances. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Actual Cost Standard Cost $ 0 $ 0 $ 0 Direct labor rate variance Direct materials quantity variance Total variable overhead cost variance 0