Factory Overhead Cost Variances Port Norris Textites Corporation began September with a budget for 40,000 hours of production in the Weaving Department. The department has a ful capacty of 53,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the bepinning of September was as follows: The actual factory overhead was $193,800 for September, The actual foxed factory overhed was as budgeted. During September, the Weaving Department had standard hours at sctual production volume of 42,000 hours Determine the variable factory overhead controllable variance and the fixed factory overhead volume variance. Fnter a favorable variance as a negative number using a minus sign and an unfovorabie variance as a positive number. Round your interim cemputations to the nearest cent, if required. a. Variable factory overhead controllable variance: s b. Fixed factery ovethead wolume variance: 1 Direct Materiais, Direct Laboc, and Factocy Overhead Cost Variance Analysis Santiago inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and foctory overhead incurred for the manufacture of 74,000 units of product were as follews: Requiredt a. Determine the drect materials price varance, direct materials quantity vanance, and tocal direct materials coat variance. Enter a favorable variance as a negatlie bumber using a minus sign and an unfivoroble variasce as a posithe number. b. Determine the direct iobor rate vartance, Giect iabor time varianice, and total direct labor cost variance, Enter a favorable variance as a negative number using a minus sign and an unfovorabie varianoe as a positive number. a. Determine the direct materiais price variance, direct materids quantity variance, and tocal direct materials cost variance, Enter a fovorable variance as a negative number using a minus sign and an unfavorable varithce as a peative numher 0. Determine the direct labor rate varionce, Grect labor time venance, and total direct labor cost variance, Enter a fovorable variance as a negative number using a minus sign and an untavorable variance as a positive number. c. Determine the variable factory everhead costrollabe variance, fawd factory overhead volume variance, and tetal factory cverhead coss vanance. Enter a favorable variance as a negative number using a minus sigh and an unfaverable varlance as a positive number