This question has five parts

Antuan Company set the following standard costs for one unit of its product. Direct materials (3.2 Ibs. $5.ee per Ib.) Direct labor (1.7 hrs. @ $11.00 per hr.) Overhead (1.7 hrs. @ $18.50 per hr.) Total standard cost $15.ee 18.79 31.45 $65.15 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 $ 15,689 Indirect labor 75,689 Power 15,888 Repairs and maintenance 38,888 Total variable overhead costs Fixed overhead costs Depreciation Building 25,888 Depreciation Machinery 70,880 Taxes and insurance 18,888 Supervision 223,750 Total fixed overhead costs Total overhead costs $135,000 336.750 $471,750 The company Incurred the following actual costs when it operated at 75% of capacity in October $ 234,600 235, 200 Direct materials (46,000 lbs. $5.10 per lb.) Direct labor (21,080 hrs. $11.20 per hr.) Overhead costs Indirect materials Indirect labor Power Repairs and maintenance Depreciation Building Depreciation Machinery Taxes and insurance Supervision Total costs $41.00 176,35e 17.25e 34.500 25.639 94, see 16.200 223,750 628, 550 $1,098,350 Required: 1&2. Prepare flexible overhead budgets for October showing the amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels and classify all items listed in the fixed budget as variable or fixed. ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Flexible Budget Flexible Budget for Variable Amount Total Fixed 65% of 75% of 85% of per Unit Cost capacity capacity capacity Sales (in units) Variable overhead costs Fixed overhead costs Total overhead costs 3. Compute the direct materials cost varlance, Including its price and quantity variances. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and No variance.) Actual Cost Standard Cost 4. Compute the direct labor cost varlance, Including its rate and efficiency variances. (Indicate the effect of each varlance by selecting for favorable, unfavorable, and No varlance. Round "Rate per hour" answers to two decimal places.) Actual Cost Standard Cost 5. Prepare a detailed overhead varlance report that shows the variances for Individual Items of overhead. (Indicate the effect of each variance by selecting for favorable, unfavorable, and No 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 costs Fixed costs Total overhead costs