eBook Print Item Factory Overhead Variance Corrections The data related to Shunda Enterprises Ine's factory overhead cost for the production of 30,000 units of product are as follows: Actual: Variable factory overhand $132,100 Fixed factory overhead 95,200 45,000 hrs. at 55 ($2.90 for variable factory overhead) 230,000 Standard: Productive capacity at 100% of normal was 45,200 hours, and the factory overhead cost budgeted at the level of 46,000 standard hours was $228,600. Based on these data, the chief cost accountant prepared the following variance analysis: Variable factory overhead controllable variance: Actual variable factory overhead cost incurred $132.100 Budgeted variable factory overhead for 46,000 hours (133,400) Variance-favorable $(1,300) Fixed factory overhead volume variance Normal productive capacity at 100% 45,200 hrs Standard for amount produced (46,000) Productive capacity not used 800 h Standard variable factory overhead rate x 35 Variance unfavorable Total factory overhead cost variance-unfavorable $2,700 Compute the following to assist you in identifying the errors in the factory overed cost variance analysis. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Round your interim computations to the nearest cent, if required 4,000 Amount Favorable/Unfavorable Variance Variable Factory Overhead Control Variance Fixed Factory Overhead Volume Variance Total Factory Ove Va