Factory Overhead Cost Variance Report Peding Better Medical Inc., manufacturer of disposable medical supplies, prepared the following factory overhead cost budget for the Variable cesta Indirect factory wages $24,070 Dower and light 18,841 Indirect material 15.521 Total variable cost $58,432 Fixed costs: Supervisory salaries $14,890 Depreciation of plant and equipment 38.200 Insurance and property taxes 11.550 Totalfwd cost 64,740 Total factory overhead cost $123,172 During October, the department operated at 8.000 standard hours. The factory overhead costs incurred were Indirect factory wages, $25 tes. $11.650. Required: Prepare a factory overhead cost variance report for October To be useful for cost control the budgeted amounts should be based on 8.80 nearest sentif required. If an amount box does not require an entry, leave it blank Feeling letter Medical Inc. Factory Overhead Cost Variance Report-Assembly Department For the Month Ending October 31 Productive capacity for the month 3.300 hrs. Actical production for the month 8.000 hrs. Actual Budget Unfavorable Variances Fav Variable factory shead costs Indirect factory wages Power and light Indirect materials Total warfactory overhead cost Faed factory overhead cost super salaries Depreciation of plant and equipment Insurance and property Tuled factory overhead cost actory overhead coat e to search o hiyo nent for October of the current year. The company expected to operate the department at 100% of normal capacity of 8,800 hourt. d light, $19,620 indirect materials, $16,800: supervisory salaries, $14,890: depreciation of plant and equipment, $38,200, and insurance and property a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number Round your per unit computations to the Required repares factory report for October. To bewer cost control the best amounts should be based on 100 hours able Enember ont required to the does not sure an entry leave thank Feeling Butter Medical Inc. Factory Overhead Cast Variance Report Assembly Department For the Month Ending October Protive for the month 8.300 Atualiter for the month Actual Budget werble Variances Favorable Variances Welectory avait The factory Dud Total Water the ud factory Servers Dapat Dane porta Tualety verhead.co Tatry was DO D El the