Factory Overhead Cost Variance Report Feeling Better Medical Inc., a manufacturer of disposable medical supplies, prepared the following factory overhead cost budget for the Assembly Department for October of the current year. The company expected to operate the department at 100% of normal capacity of 7,500 hours. Variable costs: Indirect factory wages Power and light Indirect materials Total variable cost Fixed costs: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes $23,250 15,225 12,225 $50,700 W $15,350 39,380 12,020 66,750 Total fixed cost Total factory overhead cost $117,450 During October, the department operated at 8,000 standard hours, and the factory overhead costs incurred were indirect factory wages, $25,050; power and light, $15,950; indirect materials, $13,300; supervisory salaries, $15,350; depreciation of plant and equipment, $39,380; and insurance and property taxes, $12,020. Required: Prepare a factory overhead cost variance report for October. To be useful for cost control, the budgeted amounts should be based on 8,000 hours. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Round your per unit computations