Comparison of Actual and Budgeted Operating Income

$*$U denotes an unfavorable effect on operating income.

$**$F denotes a favorable effect on operating income.

$***$Actual fixed factory overhead cost $=$$$130,650$; actual fixed selling and administrative costs $=$$$30,000.$

$$ Budgeted fixed factory overhead cost $=$$$120,000$; budgeted fixed selling and administrative costs $=$$$30,000.$