Factory Overhead Variance Corrections The data related to Shunda Enterprises Inc.'s factory overhead cost for the production of 100,000 units of product are as follows: Actual Variable factory overhead $455,000 Fored factory overhead 494,000 Standard: 132,000 hrs. at 7.30 (53.50 for variable factory overhead) 963,600 Productive capacity at 100% of normal was 130,000 hours, and the factory overhead cost budgeted at the level of 132,000 standard hours was $956,000. Based on these data, the chief cost accountant prepared the following variance analysis Variable factory overhead controllable variance: Actual variable factory overhead cos incurred $450,000 Budgeted variable factory overhead for 132,000 hours (462.900) Variance-favorable $(4,000) Fixed factory overhead volume variance Normal productive cooty 100% 130.000 hrs Standard for amount produced (132,000) Productive apoyo 2.000 Standard variable factory overhead rate 7.30 Variance-unfavorable 34.800 Total factory overhead cost Vrance-favorable $10.500 Compute the following to you in identifying the errors in the actory overhead cost arunce analysis. Enter a favorable variances are verbering minus sign and answerbeverance as a positive number Round your interim computations to the nearest cant, if required. Variance Amount Variable Factory Overad Controlerance Faxed Factory Overhead Volume Variante ( 80 $ & 7 8 0 3 5 6 1 0 Y E R T F K H G S J V V . N C B Command option