Factory overhead cost variances The following data relate to factory overhead cost for the production of 4,000 computers: Actual: Variable factory overhead Fixed factory overhead Standard: 4,000 hrs. at $28.00 $87,300 33,000 112,000 If productive capacity of 100% was 6,000 hours and the total factory overhead cost budgeted at the level of 4,000 standard hours was $123,000, determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $5.50 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Variance Controllable variance Volume variance Total factory overhead cost variance Amount Favorable/Unfavorable