Factory Overhead Cost Variances The following data relate to factory overhead cost for the production of 3,000 computers: Actual Variable factory overhead Fixed factory overhead 3,000 hrs. at $24 $58,200 20,000 72,000 Standard: 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 $80,000, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $4 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Amount Favorable/Unfavorable Variance Variable factory overhead controllable variance Fixed factory overhead volume variance Total factory overhead cost variance