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34.400 21.14 Tannin Products Inc. prepared the following factory overhead cost budget for the Trim Department for July of the current year, during which it

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34.400 21.14 Tannin Products Inc. prepared the following factory overhead cost budget for the Trim Department for July of the current year, during which it expected to use 9,000 hours for production: Variable overhead cost Indied factory labor 328.800 Power and light 6480 Indirect material Total variable overhead coat Tived overed costs Supervisory series 544450 Depreciation of plant and current 11,700 Irwance and property Total Pued overhead cost 71.000 Total actory overhead com 5127.600 Tannin has available 13,000 hours of monthly productive capacity in the Trim Department under normal business conditions. During July, the Trim Department actually used 8,000 hours for production. The actual fixed costs were as budgeted. The actual variable overhead for July was as follows: Actual variable factory overhead costs Indirect actory laber 324,060 Power and 5,660 Indirectas 13.400 Total variable cost 544,020 Construct a factory overhead cost variance report for the Trim Department for July. Enter a favorable variance as a a negative number using a minus sign and an unfavorable variance as a positive number. If an amount box does not require an entry, leave it blank. Round your interim computations to the nearest cent, if required. Tannin Products Inc. Factory Overhead Cost Variance Report Trim Department For the Month Ended July 31 Preductive capacity for the 13.000 hrs. Actual productive capacity med for the month 8.000 Budget Com (at Actual Unfavorable (Favorable) Production) Variances Variances Variable factory overhead costs Indre factory labor Power wat Indirect materiais Total ble factory overhead poi puni fed factory overcos Depreciation of plantant moment Insurance and property taxes Total fixed factory overhead cost Total factory overhead cost Total controllable variances Volume variance-unfavorable: Idle hours at the standard rate for fixed factory overhead

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