Factory Overhead Cost Variances Thomas Textiles Corporation began November with a budget for 33,000 hours of production in the Weaving Department. The deptment has a full capacity of 44.000 hours under normal business conditions. The budgeted overhead at the planned valumnes at the beginning of November was as follows: Variable overhead Faced overhead $82.500 57,200 Total $139,200 The actual factory overhead was $141.400 for November. The actual fixed factory overhead was as budgeted. During November, the Weaving Department had standard hours at actual production volume of 34,000 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 undevorable variance as positive number Round your interim computations to the nearest cent, if required. a. Variable factory overhead controllable variance: $ 2,200 X favorable ) . Fixed factory overhead volume variance: $ 13,000 Unfavorable