Feeling Better Medical Inc., a manufacturer of disposable medical supplies, prepared the following factory overhead cost budget for the Assembly Department for October of the current year. The company expected to operate the department at 100% of normal capacity of 7,300 hours. Variable costs: Indirect factory wages $21,900 15,768 Power and light Indirect materials 13,578 Total variable cost $51,246 Fixed costs: Supervisory salaries $13,260 Depreciation of plant and equipment 34,030 Insurance and property taxes 10,380 Total fixed cost 57,670 $108,916 Total factory overhead cost During October, the department operated at 7,700 standard hours, and the factory overhead costs incurred were indirect factory wages, $23,330; power and light, $16,330; indirect materials, $14,600; supervisory salaries, $13,260; depreciation of plant and equipment, $34,030; and insurance and property taxes, $10,380. Required: Prepare a factory overhead cost variance report for October. To be useful for cost control, the budgeted amounts should be based on 7,700 hours. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Round your per unit computations to the nearest cent, if required. If an amount box does not require an entry, leave it blank. Feeling Better Medical Inc. Factory Overhead Cost Variance Report-Assembly Department For the Month Ended October 31 Normal capacity for the month 7,300 hrs. Actual production for the month 7,700 hrs. Budget (at Actual Unfavorable Favorable Actual Variances Variances Cost Production) Variable factory overhead costs: Indirect factory wages Power and light Indirect materials Total variable cost Fixed factory overhead costs: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed cost Total factory overhead cost Total controllable variances Volume variance-favorable: Excess hours used over normal at the standard rate for fixed factory overhead good googl 000 010 001 000 10