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.ee per Ib.) Direct labor (1.7 hrs. @ $12.00 per hr.) Overhead (1.7 hrs. @ $18.5e 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 an capacity of 20.000 units per month. Following are the company's budgeted on level Overhead Budget (75% Capacity) Variable overhead costs Indirect materials $ 15.000 15.000

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.

1&2. Prepare flexible overhead budgets for October showing the amounts
of each variable and fixed cost at the 65%, 75%, and 85% capacity
levels and classify all items listed in the fixed budget as variable
or fixed.

please help

Answer 1

Antuan Company Flexible Overhead Budgets For Month ended October 31
	Flexible Budget		Flexible Budgets for
	Variable Amount per Unit	Total Fixed Cost	65 %	75 %	85 %
Sales ( in Units )			13,000	15,000	17,000
Variable Overhead Costs
Indirect Materials	$ 1.00		13,000	15,000	17,000
Indirect Labor	5.00		65,000	75,000	85,000
Power	1.00		13,000	15,000	17,000
Repairs and Maintenance	2.00		26,000	30,000	34,000
Total Variable Overhead Costs	$ 9.00		$117,000	$135,000	$153,000
Fixed Overhead Costs
Depreciation : Building		24,000	24,000	24,000	24,000
Depreciation: Machinery		70,000	70,000	70,000	70,000
Taxes and Insurance		17,000	17,000	17,000	17,000
Supervision		225,750	225,750	225,750	225,750
Total Fixed Overhead Costs		$ 336,750	$ 336,750	$ 336,750	$ 336,750
Total Overhead Costs			$ 453,750	$ 471,750	$ 489,750