The following information applies to the questions displayed below./ Antuan Comp

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The following information applies to the questions displayed below./ Antuan Company set the following standard costs for one unit of its product Direct meterials (4.0 lIbs. @ $5 00 per lb) $20 00 Direct labor (19 hrs.@$11.00 per hr) Overhead (1.9 hrs @ $18.50 per hr) 20.90 3515 Total standard cost 76 05 The predetermined overhead rate ($18 50 per drect labor hour) is based on an expected volume of 75% of the factory's capecity 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 $15,000 75,000 15,000 30,000 OType here to search

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Answer :-

1 & 2

ANTUAN COMPANY Flexible Overhead Budgets For Month Ended October 31 Flexible Budget Flexible Budget For Variable Amount Per Unit Total Fixed Cost 65% of Capacity 75% of Capacity 85% of Capacity Sales (In Units) [20000 units] $13,000 $15,000 $17,000 Variable Overhead Costs Indirect Materials $1 $13,000 $15,000 $17,000 Indirect Labor $5 $65,000 $75,000 $85,000 Power $1 $13,000 $15,000 $17,000 Repairs & Maintenance $2 $26,000 $30,000 $34,000 Total Variable Overhead Costs $9 $117,000 $135,000 $153,000 Fixed Overhead Costs Depreciation - Building $23,000 $23,000 $23,000 $23,000 Depreciation - Machinery $72,000 $72,000 $72,000 $72,000 Taxes & Insurance $16,000 $16,000 $16,000 $16,000 Supervision $281,250 $281,250 $281,250 $281,250 Total Fixed Overhead Costs $392,250 $392,250 $392,250 $392,250 Total Overhead Costs $509,250 $527,250 $545,250

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