Factory Overhead Cost Variances

The following data relate to factory overhead cost for the production of 8,000 computers:

Actual:	Variable factory overhead	$101,750
	Fixed factory overhead	180,000
Standard:	8,000 hrs. at $31	248,000

If productive capacity of 100% was 10,000 hours and the factory overhead cost budgeted at the level of 8,000 standard hours was $284,000, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $18 per hour.

Enter a favorable variance as a negative amount, and an unfavorable variance as a positive amount.

Variance		Amount		Favorable/Unfavorable
Controllable				Favorable
Volume		36,000		Unfavorable
Total factory overhead cost variance		33,750		Unfavorable