Factory Overhead Variance Corrections The data related to Shunda Enterprises Inc.'s factory overhead cost for the production of 40.00n unite of product are as follows: Productive capacity at 100% of normal was 60,200 hours, and the factory overhead cost budgeted at the level of 61,000 standard hours was $303,2 Based on these data, the chief cost accountant prepared the following variance analucie: Total factory overhead cost variance-unfavorable Compute the following to assist you in identifying the errors in the factory overhead cost variance analysil. Enter a favorable variance as a negative T more Chedc My Woek uses remaining The variable factory overtead controllable variance is the difference between the actual variable overhead costs and the budoeted variable overthead tor actual production. The foxed factory overtinad wolume variance is the difference between the budgeted fixed overhead at ioos of normal canacity and the standard fixed overhead for the actual units produced