Factory Overhead Cost Variances The following data relate to factory overhead cost for the production of 8,000 computers: Actual: Variable factory overhead $199,800 Fixed factory overhead 55,250 Standard: 8,000 hrs. at $30 240,000 If productive capacity of 100% was 13,000 hours and the factory overhead cost budgeted at the level of 8,000 standard hours was $261,250, determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $4.25 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Variance Amount Favorable/Unfavorable Controllable variance $ -27,450 X Favorable Volume variance $ 21,250 Unfavorable Total factory overhead cost variance: $ 15,050 Unfavorable