(Solved): Problem 21-3A (Static) Flexible overhead budget; materials, labor, and overhead variances; and over ...

Problem 21-3A (Static) Flexible overhead budget; materials, labor, and overhead variances; and overhead variance report LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] 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. Problem 21-3A (Static) Part 4 4. Prepare a detailed overhead variance report that shows the variances for individual items of overhead. (Indicate the effect of each rariance by selecting favorable, unfavorable, or no variance.) ANTUAN COMPANY Overhead Variance Report For Month Ended October 31