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Antuan Company set the following standard costs per unit for its product. 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. The company incurred the following actual costs when it operated at 75% of capocity in octobe. Required: Required: Prepare flexible overthend budgets for October showing amounts of each variable and finod cest at the 65%,75%, and 85% capacity 1. levels. Required: 1. Prepare flexible overhead budgets for October showing amounts of each variable and fixed cost at the 65%,75%, and 85% capacity levels. 2. Compute the direct materials variance, including its price and quantity variances. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. 3. Compute the diroct labot varience, incloding its rate and efficlency variances. Note: Indicate the effect of each variance by selecting favorable, unfovorable, or no variance. Round "Rate per hour" answers to two decimal places. 4. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance

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