Factory Overhead Cost Variances The following data relate to factory overhead cost for the production of 3,000 computers Actual: Variable factory overhead $72,000 31,250 93,000 Fixed factory overhead Standard: 3,000 hrs. at $31 If productive capacity of 100% was 5,000 hours and the total factory overhead cost budgeted at the level of 3,000 standard hours was $105,500, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $6.25 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Variance Variable factory overhead controllable variance Fixed factory overhead volume variance Amount Favorable/Unfavorable Total factory overhead cost variance