Factory Overhead Cost Variances
The following data relate to factory overhead cost for the production of computers:
Actual: Variable factory overhead $
Fixed factory overhead
Standard: hrs at $
If productive capacity of was hours and the factory overhead cost budgeted at the level of standard hours was $ determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $ per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Variance Amount FavorableUnfavorable
Controllable variance $fill in the blank
Favorable
Volume variance $fill in the blank
Unfavorable
Total factory overhead cost variance:
