Factory Overhead Cost Variance Report

Variable overhead cost:

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

Total fixed overhead cost

Total factory overhead cost

$$23,200$

$5,920$

$12,800$

$$41,920$

$$37,620$

$9,900$

$18,480$

Actual variable factory overhead cost:

Indirect factory labor

$$19,790$

Power and light

Indirect materials

Total variable cost

Tannin Products Inc.

Factory Overhead Cost Variance Report$-$Trim Department

For the Month Ended July $31$

Productive capacity for the month $12,000$ hrs$.$

Actual productive capacity used for the month $7,000$ hrs$.$

Variable factory overhead costs:

Indirect factory labor

Power and light

Indirect materials

Total variable factory overhead cost

Fixed factory overhead costs:

Supervisory salaries

Depreciation of plant and equipment

Insurance and property taxes

Total fixed factory overhead cost

Total factory overhead cost

Actual Budget $($at actual production$)$ Unfavorable Variances Favorable Variances

Total controllable variances

$s$

Idle hours at the standard rate for fixed factory overhead: