Prepare a factory overhead cost variance report for May. To be useful for cost control, the budgeted amounts should be based on 9,080 hours. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Score: 158/174 Tiger Equipment Inc. Factory Overhead Cost Variance ReportWelding Department For the Month Ended May 31 1 Normal capacity for the month 8,700 hours 2 Actual production for the month 9,080 hours 3 4 Budget Actual Variances: Favorable Variances: Unfavorable 5 Variable costs: 6 Indirect factory wages $41,768.00 $42,268.00 $500.00 7 Power and light 21,792.00 22,064.00 272.00 8 Indirect materials 18,160.00 18,700.00 540.00 9 Total variable cost $81,720.00 $83,032.00 10 Fixed costs: 11 Supervisory salaries $19,800.00 $19,800.00 12 Depreciation of plant and equipment 35,700.00 35,700.00 13 Insurance and property taxes 18,450.00 18,450.00 14 Total fixed cost $73,950.00 $73,950.00 15 Total factory overhead cost $155,670.00 $156,982.00 16 Total controllable variances $1,312.00 17 18 Net controllable variance-unfavorable 19 Volume variance-favorable 20 Total factory overhead cost variance-favorable Points: 35.41 / 39

my professor gave me an example but she did not mention if there was no favorable to determine the rest