Factory Overhead Variance Corrections The data related to Shunda Enterprises Inc.'s factory overhead cost for the production of 60,000 units of product are as follows: Actual: Variable factory overhead Fixed factory overhead 91,000 hrs. at $5 ($2.90 for variable factory overhead) $261,300 188,400 455,000 Standard: Productive capacity at 100% of normal was 90,200 hours, and the factory overhead cost budgeted at the level of 91,000 standard hours was $452,300. 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 91,000 hours $261,300 263,900 Variance-favorable $(2,600) Fixed factory overhead volume variance: 90,200 hrs 91,000 800 hrs. Normal productive capacity at 100% Standard for amount produced Productive capacity not used Standard variable factory overhead rate Variance-unfavorable Total factory overhead cost variance-unfavorable XSS 4,000 $1,400 Com the set in the hea r t Productive capacity at 100% of normal was 90,200 hours, and the factory overhead cost budgeted at the level of 91,000 standard hours was $452,300. Based on these data, the chief cost accountant prepared the following variance analysis: Variable factory overhead controllable variance: $261,300 263,900 $(2,600) Actual variable factory overhead cost incurred Budgeted variable factory overhead for 91,000 hours Variance-favorable Fixed factory overhead volume variance: Normal productive capacity at 100% Standard for amount produced Productive capacity not used Standard variable factory overhead rate 90,200 hrs 91,000 800 hrs Variance-unfavorable 4,000 Total factory overhead cost variance-unfavorable $1,400 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