3. Compute the direct labor variance, Including its rate and efficiency variances. (Indlcate the effect of each varlance by selecting avorable, unfavorable, or no varlance. Round "Rate per hour" answers to two declmal places.) Requlred: 1. Prepare flexible overhead budgets for October showing amounts of each varlable and fixed cost at the 65%,75%, and 85% capacity levels. Requlred: 1. Compute the direct materlals varlance, Including its price and quantity variances. 2. Compute the direct labor variance, Including its rate and efficlency varlances. 3. Compute the overhead controllable and volume variances. Complete this question by entering your answers in the tabs below. 4. Prepare a detailed overhead varlance report that shows the varlances for individual Items of overhead. (Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance.) 2. Compute the direct materials varlance, Including its price and quantity varlances. (Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance.) Required Information [The following information applles to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. 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. The company incurred the following actual costs when it operated at 75% of capacity in October. Compute the overhead volume variances. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.) 3. Compute the direct labor variance, Including its rate and efficiency variances. (Indlcate the effect of each varlance by selecting avorable, unfavorable, or no varlance. Round "Rate per hour" answers to two declmal places.) Requlred: 1. Prepare flexible overhead budgets for October showing amounts of each varlable and fixed cost at the 65%,75%, and 85% capacity levels. Requlred: 1. Compute the direct materlals varlance, Including its price and quantity variances. 2. Compute the direct labor variance, Including its rate and efficlency varlances. 3. Compute the overhead controllable and volume variances. Complete this question by entering your answers in the tabs below. 4. Prepare a detailed overhead varlance report that shows the varlances for individual Items of overhead. (Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance.) 2. Compute the direct materials varlance, Including its price and quantity varlances. (Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance.) Required Information [The following information applles to the questions displayed below.] Antuan Company set the following standard costs per unit for its product. 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. The company incurred the following actual costs when it operated at 75% of capacity in October. Compute the overhead volume variances. (Indicate the effect of the variance by selecting favorable, unfavorable, or no variance.)