Required information

Problem $21-3$A $($Algo$)$ Flexible overhead budget; materials, labor, and overhead variances; and overhead variance report LO P$1,$ P$2,$ P$3,$ P$4$

$[$The following information applies to the questions displayed below.$]$

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

Direct materials $(5\mathrm{.}0$ pounds @ $$4\mathrm{.}00$ per pound$)$

Direct labor $(1\mathrm{.}9$ hours & $$13\mathrm{.}00$ per hour$)$

Overhead $(1\mathrm{.}9$ hours @ $$18\mathrm{.}50$ per hour$)$

Standard cost per. unit

$\backslash$table$[[$$$,\backslash$table$[[20\mathrm{.}00],[24\mathrm{.}70],[35\mathrm{.}15]]],[$$$,79\mathrm{.}85]]$

The standard overhead rate $($ $$18\mathrm{.}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.

$\backslash$table$[[$Overhead Budget Capacity$)],[$Variable overhead costs,$],[$Indirect materials,$15,000],[$Indirect labor,$75,000],[$Power$,15,000],[$Maintenance$,30,000],[$Total variable overhead costs,$135,000],[$Fixed overhead costs,$],[$Depreciation$-$Building,$23,000],[$Depreciation$-$Machinery,$72,000],[$Taxes and insurance,$18,000],[$Supervisory salaries,$279,250]]$

$\backslash$table$[[\{$

$\backslash$table$[[$Overhead Budget $(758$ Capacity$)],[$Variable overhead costs$]]\}],[],[$Indirect materials,$$15,000$