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Antuan Company set the following standard costs for one unit of its product. Direct materials (6 Ibs. $5 per Ib.) Direct labor (2 hrs. $17 per hr.) Overhead (2 hrs. $18.50 per hr.) Total standard cost $ 30 34 37 $ 101 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 Indirect labor Power Repairs and maintenance Total variable overhead costs $45,000 180,000 45,000 90,000 $360,000 Fixed overhead costs Depreciation-Building Depreciation-Machinery Taxes and Supervision Total fixed overhead costs 24,000 80,000 12,000 79,000 insurance 195,000 $555,000 Total overhead costs The company incurred the following actual costs when it operated at 75% of capacity in October. Direct materials (91,000 Ibs. $5.10 per lb. Direct labor (30,500 hrs. $17.25 per hr.) Overhead costs $ 464,100 526,125 Indirect materials Indirect labor Power Repairs and maintenance Depreciation-Building Depreciation-Machinery Taxes and insurance Supervision $ 44,250 177,750 43,000 96,000 24,000 75,000 11,500 89,000 560,500 $1,550,725 Total costs 4. Compute the direct labor cost variance, including its rate and efficiency variances AH- Actual Hours SH Standard Hours AR Actual Rate SR Standard Rate Actual Cost Standard Cost

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