Required information The following information applies to the quesbons displayed below] Antuan Company set the following...

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Required information The following information applies to the quesbons displayed below] Antuan Company set the following standard costs per unit for product Direct materials (4.0 pounds @ $4.00 $ per pound) 16.00 Direct labor (1.7 hours $14.88 per hour] 23.80 Overhead (1.7 hours @ $18.50 per 31.45 hour] Standard cost per unit 71.25 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 $ 15,000 Indirect labor 75,000 Power 15,009 Maintenance 130.000 Total variable overhead costs 135,000 Fixed overhead costs Depreciation-Building 24,000 Depreciation-Machinery 72,000 Taxes and insurance 17,000 Supervisory salaries 223,750 Total fixed overhead costs 336.750 Total overhead costs 471,750 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (61,500 pounds @ $4.28 per pound) Direct labor (23,000 hours $14.30 per hour] Overhead costs Indirect materials $ 258,300 328,900 Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs 41,250 176,600 17,250 34,500 24,000 97,200 15,300 223,750 629,850 $ 1,217,050 [The following information applies to the questions displayed below] Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds @ $4.00 $ per pound) 16.00 Direct labor (1.7 hours @ $14.00 per 23.80 hour) Overhead (1.7 hours @ $18.50 per 31.45 $ 71.25 hour) Standard cost per unit 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 Power Maintenance Total variable overhead costs Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries. Total fixed overhead costs Total overhead costs $ 15,000 75,000 15,000 30,000 135,000 24,000 72,000 17,000 223,750 336,750 $ 471,750 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (61,500 pounds @ $4.20 per pound) Direct labor (23,000 hours $14.30 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs $ 258,300 328,900 $ 41,250 176,600 17,250 34,500 24,000 97,200 15,300 223,750 629,850 $ 1,217,050 3. Compute the direct labor variance, including its rate and efficiency variances Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour answers to two decimal places. Standard Cost Required information The following information applies to the quesbons displayed below] Antuan Company set the following standard costs per unit for product Direct materials (4.0 pounds @ $4.00 $ per pound) 16.00 Direct labor (1.7 hours $14.88 per hour] 23.80 Overhead (1.7 hours @ $18.50 per 31.45 hour] Standard cost per unit 71.25 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 $ 15,000 Indirect labor 75,000 Power 15,009 Maintenance 130.000 Total variable overhead costs 135,000 Fixed overhead costs Depreciation-Building 24,000 Depreciation-Machinery 72,000 Taxes and insurance 17,000 Supervisory salaries 223,750 Total fixed overhead costs 336.750 Total overhead costs 471,750 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (61,500 pounds @ $4.28 per pound) Direct labor (23,000 hours $14.30 per hour] Overhead costs Indirect materials $ 258,300 328,900 Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs 41,250 176,600 17,250 34,500 24,000 97,200 15,300 223,750 629,850 $ 1,217,050 [The following information applies to the questions displayed below] Antuan Company set the following standard costs per unit for its product. Direct materials (4.0 pounds @ $4.00 $ per pound) 16.00 Direct labor (1.7 hours @ $14.00 per 23.80 hour) Overhead (1.7 hours @ $18.50 per 31.45 $ 71.25 hour) Standard cost per unit 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 Power Maintenance Total variable overhead costs Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries. Total fixed overhead costs Total overhead costs $ 15,000 75,000 15,000 30,000 135,000 24,000 72,000 17,000 223,750 336,750 $ 471,750 The company incurred the following actual costs when it operated at 75% of capacity in October Direct materials (61,500 pounds @ $4.20 per pound) Direct labor (23,000 hours $14.30 per hour) Overhead costs Indirect materials Indirect labor Power Maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervisory salaries Total costs $ 258,300 328,900 $ 41,250 176,600 17,250 34,500 24,000 97,200 15,300 223,750 629,850 $ 1,217,050 3. Compute the direct labor variance, including its rate and efficiency variances Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Round "Rate per hour answers to two decimal places. Standard Cost