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 $7,500$ hours.

Line Item Description Amount Amount

Variable costs:

Indirect factory wages $$23,250$

Power and light $15,900$

Indirect materials $13,650$

Total variable cost $$52,800$

Fixed costs:

Supervisory salaries $$15,530$

Depreciation of plant and equipment $39,830$

Insurance and property taxes $12,140$

Total fixed cost $67,500$

Total factory overhead cost $$67,500$

During October, the department operated at $8,000$ standard hours, and the factory overhead costs incurred were indirect factory wages, $$25,050$; power and light, $$16,650$; indirect materials, $$14,900$; supervisory salaries, $$15,530$; depreciation of plant and equipment, $$39,830$; and insurance and property taxes, $$12,140.$

Required:

Prepare a factory overhead cost variance report for October. To be useful for cost control, the budgeted amounts should be based on $8,000$ 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.

Normal capacity for the month $7,500$ hrs$.$

Actual production for the month $8,000$ hrs$.$