Question

Required information [The following information applies to the questions displayed below. Antuan Company set the following standard costs for one unit of its product Direct materials (5.0 Ibs. @ $4.00 per Ib.) Direct labor (1.7 hrs. $12.00 per hr.) Overhead (1.7 hrs. $18.50 per hr.) Total standard cost $20.00 20.40 31.45 $71.85 The predetermined overhead rate ($18.50 per direct labor hour) is based on capacity of 20,000 units per month. Following are the company's budgeted a level. Overhead Budget (75* Capacity)

The predetermined overhead rate ($18.50 per direct labor hour) is
based on an expected volume 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.

please help

Answer 1

Antuan Company Overhead Variance Report For the month ended October 31
	Flexible Budget	Actual Results	Variances	Fav / Unfav
Variable Overhead Costs
Indirect Materials	$ 15,000	$ 41,200	$ 26,200	Unfav
Indirect Labor	75,000	176,200	101,200	Unfav
Power	15,000	17,250	2,250	Unfav
Repairs and Maintenance	30,000	34,500	4,500	Unfav
Total Variable Overheads	135,000	269,150	134,150	Unfav
Fixed Overhead Costs
Depreciation : Building	24,000	24,000	0	-
Depreciation : Machinery	70,000	94,500	24,500	Unfav
Taxes and Insurance	17,000	15,300	1,700	Fav.
Supervision	225,750	225,750	0	-
Total Fixed Overheads	336,750	359,550	22,800	Unfav
Total Overhead Costs	$ 471,750	$ 628,700	$ 156,950	Unfav