Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds...

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Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds e $5.00 per pound) Direct labor (1.9 hours e $10.00 per hour) Overhead (1.9 hours e $18.50 per hour) $ 20.00 19.00 35.15 Standard cost per unit $ 74.15 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. Overhead Budget (75% Capacity) Variable overhead costs Indirect materials Indirect labor $ 15,000 75,000 15,000 30,000 135,000 Power Maintenance Total variable overhead costs Fixed overhead costs 24,000 71,000 16,000 281,250 392,250 $ 527,250 Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October. $ 317,200 216,300 Direct materials (61,000 pounds e $5.20 per pound) Direct labor (21,000 hours e $10.30 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxen and insurance Supervisory salaries $ 41,100 176,850 17,250 34,500 24,000 95,850 14,400 281,250 685,200 $ 1,218,700 Total costs 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 in Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds e $5.00 per pound) Direct labor (1.9 hours e $10.00 per hour) Overhead (1.9 hours e $18.50 per hour) $ 20.00 19.00 35.15 Standard cost per unit $ 74.15 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. Overhead Budget (75% Capacity) Variable overhead costs Indirect materials Indirect labor $ 15,000 75,000 15,000 30,000 135,000 Power Maintenance Total variable overhead costs Fixed overhead costs 24,000 71,000 16,000 281,250 392,250 $ 527,250 Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total fixed overhead costs Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October. $ 317,200 216,300 Direct materials (61,000 pounds e $5.20 per pound) Direct labor (21,000 hours e $10.30 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxen and insurance Supervisory salaries $ 41,100 176,850 17,250 34,500 24,000 95,850 14,400 281,250 685,200 $ 1,218,700 Total costs 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 in

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