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	$24,090
Power and light	17,155
Indirect materials	14,235
Total variable cost		$55,480
Fixed costs:
Supervisory salaries	$13,430
Depreciation of plant and equipment	34,460
Insurance and property taxes	10,510
Total fixed cost		58,400
Total factory overhead cost		$113,880

During October, the department operated at 7,700 standard hours. The factory overhead costs incurred were indirect factory wages, $25,660; power and light, $17,770; indirect materials, $15,300; supervisory salaries, $13,430; depreciation of plant and equipment, $34,460; and insurance and property taxes, $10,510.

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 Ending October 31
Productive capacity for the month 7,300 hrs.
Actual production for the month 7,700 hrs.
	Actual	Budget	Unfavorable Variances	Favorable Variances
Variable factory overhead costs:
Indirect factory wages	$	$	$
Power and light				$
Indirect materials			$
Total variable factory overhead cost	$	$
Fixed factory overhead costs:
Supervisory salaries	$	$
Depreciation of plant and equipment
Insurance and property taxes
Total fixed factory overhead cost	$	$
Total factory overhead cost	$	$
Total controllable variances			$	$
Net controllable variance-favorable			$
Volume variance-favorable:
Excess hours used over normal at the standard rate for fixed factory overhead
Total factory overhead cost variance-favorable