EX 23-20 Factory overhead cost variance report Obj. 4 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 20.000 hours for production: $46,000 12.000 20.000 $ 78,000 Variable overhead costi Indirect factory labor Power and light Indirect materials Total variable overhead cost Fixed overhead cost Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Totalfoed overhead cost Total factory overhead cost $54.500 40.000 35.500 130 000 5205.000 Tanninhas available 25,000 hours of monthly productive capacity in the Trim Department business conditions. During lay the Trim Department actually led 22000 Hours le product The fisted coste wete as budgeted the actual variable overhead for Tannin has available 25,000 hours of monthly productive capacity in the Trim Department under normal business conditions. During July, the Trim Department actually used 22,000 hours for production. The act fixed costs were as budgeted. The actual variable overhead for July was as follows: Actual variable factory overhead cost: Indirect factory labor Power and light Indirect materials Total variable cost $49,700 13.000 24.000 586,700 Construct a factory overhead cost variance report for the Trim Department for futy. Check Figure: Net controllable variance 59000