Factory Overhead Variance Corrections The data related to Shunda Enterprises Inc.'s factory overhead cost for the production of 30,000 units of product are as follows: Actual:Variable factory overhead Fixed factory overhead 46,000 hrs. at $7 ($4.10 for variable factory overhead) $186,700 133,300 322,000 Standard: Productive capacity at 100% of normal was 45,200 hours, and the factory overhead cost budgeted at the level of 46,000 standard hours was $320,100. Based on these data, the chief cost accountant prepared the following variance analysis: Variable factory overhead controllable variance: Actual variable factory overhead cost incurred $186,700 Budgeted variable factory overhead for 46,000 hours 188,600 Variance-favorable $(1,900) Fixed factory overhead volume variance: 45,200 hrs Normal productive capacity at 100% Standard for amount produced Productive capacity not used Standard variable factory overhead rate 46,000 800 hrs. x $7 Variance-unfavorable 5,600 $3,700 Total factory overhead cost variance-unfavorable Compute the following to assist you in identifying the errors in the factory overhead cost varianze analysis. 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. Variance Amount Favorable/Unfavorable