(Solved): 4. Prepare a detailed overhead variance report that shows the variances for individual items ...

4. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)

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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 capacity in October.