Factory Overhead Cost Variances

Thomas Textiles Corporation began November with a budget for 45,000 hours of production in the Weaving Department. The department has a full capacity of 60,000 hours under normal business conditions. The budgeted overhead at the planned volumes at the beginning of November was as follows:

Variable overhead	$108,000
Fixed overhead	72,000
Total	$180,000

The actual factory overhead was $182,200 for November. The actual fixed factory overhead was as budgeted. During November, the Weaving Department had standard hours at actual production volume of 47,000 hours.

Determine the variable factory overhead controllable variance and the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Round your interim computations to the nearest cent, if required.

a. Variable factory overhead controllable variance: $fill in the blank 1

b. Fixed factory overhead volume variance: $fill in the blank 3