Required Information

Problem $21-3$A $($AIgo$)$ Fiexlble overhead budget, materlals, labor, and overhead varlances; and overhead

vartance report LO P$1,$ P$2,$ P$3,$ P$4$

$[$The following informotion applies to the questions alisplayed below.$]$

Antuan Company set the following standard cocts per unit for its product.

Direct waterials $(4\mathrm{.}6$ pounds of $$5\mathrm{.}69$ por pound$)$

Direct labor $(2.$e hours e $$11.$ isa par hoar$)$

Standard cost par unst

The atandard overhead rate $($$$19\mathrm{.}50$ per direct labor hour$)$ is based on a predicted activity level of $75\%$ of the factorys

capacity of $20,000$ unlts per month. Follawing are the camparyila budgeted overhead cacts per month at the $75\%$

capactity level.

The company incurred the following actual casts when it aperated at $75\%$ of capacty in Octaber.

Problem $21-3$A $($Algo$)$ Part $4$

Prepare a detailed overhead varlance report that shows the varlances for Individual items of overhead. $($lindicate the effiect of each

Prepare a detailed overnead variance report that shows the va varlance by selecting favorable, unfiaworable, or no varlance.$)$