controllable se, $250 F EX 23-19 Factory overhead cost variance report Medical Molded Products Inc. prepared the following factory overhead cost budget for the Trim Department for March 2012, during which it expected to use 10,000 hours for production: Variable overhead cost Indirect factory labor $29,000 Power and light 7,500 Indirect materials 13,000 Total variable cost S49,500 Fixed overhead cost: Supervisory salaries $34,100 Depreciation of plant and equipment 24,800 Insurance and property taxes 22.100 Total fixed cost 81,000 Total factory overhead cost $130,500 Chapter 23 Performance Evaluation Using Variances from Standard Costs Medical Molded Products has available 15.000 hours of monthly productive capacity in the Trim Department under normal business conditions. During March, the Trim Depart ment actually used 11,000 hours for production. The actual fixed costs were as budgeted. The actual variable overhead for March was as follows: Actual variable factory overhead cost Indirect factory labor Power and light Indirect materials Total variable cost 531.100 8100 15.000 55,200 Construct a factory outhead cost variance report for the Trim Department to March X Y2 AA QR AIAC AD AL AH N 0 Alternative Computation of Overhead Variances: Factory Overhead Applied costs Actual costs Balance Actual Factory Overhead Applied Factory Overhead Budgeted Factory Overhead for Amount Produced Variable cost Fixed cost Total Controllable Variance Volume Variance Total Factory Overhead Cost Variance Supporting calculation Variable factory overhead rate Budgeted total variable cost Budgeted hours Vanable factory overhead rate Fixed factory overhead rate Total fuced costs Productive capacky hours Fred factory overhead role Total Actual hours Applied costs