g resour... FRO Federal Reserve Board - Open Market Operations C Chegg Study Order Confirmation | Chegg.com The Finishing Department of Pinnacle Manufacturing Co. prepared the following factory overhead cost budget for October of the current year, during which it expected to operate at a 100% capacity of 10,000 machine hours. Variable costs: Indirect factory wages Power and light Indirect materials Total variable cost $18,000 12,000 4,000 $34,000 $12,000 8,800 Fixed costs: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed cost Total factory overhead 3,200 24,000 $58,000 During October, the plant was operated for 9,000 machine hours and the factory overhead costs incurred were as follows: indirect factory wages, $16,400; power and light, $10,000; indirect materials, $3,000; supervisory salaries, $12,000; depreciation of plant and equipment, $8,800; and insurance and property taxes, $3,200. Prepare a factory overhead cost variance report for October (The budgeted amounts for actual amount produced should be based on 9,000 machine hours.) g resour... FRO Federal Reserve Board - Open Market Operations C Chegg Study Order Confirmation | Chegg.com The Finishing Department of Pinnacle Manufacturing Co. prepared the following factory overhead cost budget for October of the current year, during which it expected to operate at a 100% capacity of 10,000 machine hours. Variable costs: Indirect factory wages Power and light Indirect materials Total variable cost $18,000 12,000 4,000 $34,000 $12,000 8,800 Fixed costs: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed cost Total factory overhead 3,200 24,000 $58,000 During October, the plant was operated for 9,000 machine hours and the factory overhead costs incurred were as follows: indirect factory wages, $16,400; power and light, $10,000; indirect materials, $3,000; supervisory salaries, $12,000; depreciation of plant and equipment, $8,800; and insurance and property taxes, $3,200. Prepare a factory overhead cost variance report for October (The budgeted amounts for actual amount produced should be based on 9,000 machine hours.)