(Answered) : Required information [The following information applies to the questions displayed below.] Antuan Company set the following

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 (3.0 Ibs. @ $6.00 per Ib.) $ 18.00
Direct labor (1.9 hrs. @ $12.00 per hr.) 22.80
Overhead (1.9 hrs. @ $18.50 per hr.) 35.15
Total standard cost $ 75.95

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.

Overhead Budget (75% Capacity)
Variable overhead costs
Indirect materials $ 15,000
Indirect labor 75,000
Power
15,000

Repairs and maintenance 30,000
Total variable overhead costs $ 135,000
Fixed overhead costs
Depreciation—Building 24,000
Depreciation—Machinery 70,000
Taxes and insurance 17,000
Supervision 281,250
Total fixed