Factory overhead cost Variances The following data relate to factory overhead cost for the production of 4,000 computers: If productive capacity of 100% was 6,000 hours and the total factory overhead cost budgeted at the level of 4 , everhead cost variance. The fixed factory overhead rate was $7.00 per hour. Enter a favorable varlance as a n r the production of 4,000 computers: d the total factory overhead cost budgeted at the level of 4,000 standard hours was $182,000, determine the varlable factory overhea 1 rate was $7.00 per hour. Enter a favorable varlance as a negative number using a minus sign and an unfavorable varlance as a positv