Factory overhead cost variance report Topeka Plastics Inc. prepared the following factory overhead cost budget for the Trim Department for July, during which it expected to use 25,000 hours for production: Variable overhead cost: Indirect factory labor 520.000 Power and light 18,000 Indirect materials Total variable cost $ 47,000 Fed overhead cost: Supervisory Salaries 550.000 Depreciation of plant and equipment Insurance and property taxes Totalfixed cost Total factory overhead cost Topeka Plastics has 30,000 hours of money productive capacity table in the Department under normal business conditions. During July, the trim Department aca hours for production. The actual fixed costs were as budgeted. The actual variable overhead for Duty was as follows: d .000 Construct a factory overhead cost variance report for the Trim Department for July. Enter a favorable variance as a negative amount, and an unfavorable variance as a positive amount answer box does not require an entry, leave it blank or enter zero "O". Topeka Plastics Inc Factory Overhead Cost Variance Report - Trim Department For the Month Ended July 31 Productive capacity for the month: 30.000 hours Actual productive capacity used for the month 28.000 hours Budget (at actual production) Actual Variances are variances Variable factory overhead cost: de factory Labor Total vanable factory overhead cost Faced factory overhead costs: Dection of plant and equipment Power and Total variable factory overhead cost Feed factory overhead costs Supervisory sales DOO DOD! DIIDII od Deprecation of an indepenent ce and property taxes Total f actory overhead cost Total factory overhead con hours at the standard rate for food factory overhead