Factory Overhead Variance Corrections The data related to Shunda Enterprises Inc.'s factory overhead cost for the production of 20,000 units of product are as follows: Actual: Variable factory overhead $86,100 Fixed factory overhead 62,100 Standard: 30,000 hrs. at $5 ($2.90 for variable factory overhead) 150,000 Productive capacity at 100% of normal was 29,000 hours, and the factory overhead cost budgeted at the level of 30,000 standard hours was $149,100. Based on these data, the chief cost accountant prepared the following variance analysis: Variable factory overhead controllable variance: Actual variable factory overhead cost incurred Budgeted variable factory overhead for 30,000 hours $86,100 87,000 Variance-favorable $(900) Fixed factory overhead volume variance: 29,000 hrs. Normal productive capacity at 100% Standard for amount produced 30,000 1,000 hrs. Productive capacity not used Standard variable factory overhead rate Variance-unfavorable x $5 5,000 Total factory overhead cost variance-unfavorable $4,100 Compute the following to assist you in identifying the errors in the factory overhead cost variance 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 Variable Factory Overhead Controllable Variance $ Fixed Factory Overhead Volume Variance $ Total Factory Overhead Cost Variance $