Question Content Area Factory Overhead Cost Variance Report 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 8,000 hours. Variable costs: Indirect factory wages $26,400 Power and light 16,480 Indirect materials 14,080 Total variable cost $56,960 Fixed costs: Supervisory salaries $14,900 Depreciation of plant and equipment 38,230 Insurance and property taxes 11,670 Total fixed cost 64,800 Total factory overhead cost $121,760 During October, the department operated at 8,500 standard hours, and the factory overhead costs incurred were indirect factory wages, $28,330; power and light, $17,190; indirect materials, $15,300; supervisory salaries, $14,900; depreciation of plant and equipment, $38,230; and insurance and property taxes, $11,670. Required: Prepare a factory overhead cost variance report for October. To be useful for cost control, the budgeted amounts should be based on 8,500 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 ReportAssembly Department For the Month Ended October 31 Normal capacity for the month 8,000 hrs. Actual production for the month 8,500 hrs. Actual Cost Budget (at Actual Production) Unfavorable Variances Favorable Variances Variable factory overhead costs: Indirect factory wages $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4 Power and light fill in the blank 5 fill in the blank 6 fill in the blank 7 fill in the blank 8 Indirect materials fill in the blank 9 fill in the blank 10 fill in the blank 11 fill in the blank 12 Total variable cost $fill in the blank 13 $fill in the blank 14 Fixed factory overhead costs: Supervisory salaries $fill in the blank 15 $fill in the blank 16 Depreciation of plant and equipment fill in the blank 17 fill in the blank 18 Insurance and property taxes fill in the blank 19 fill in the blank 20 Total fixed cost $fill in the blank 21 $fill in the blank 22 Total factory overhead cost $fill in the blank 23 $fill in the blank 24 Total controllable variances $fill in the blank 25 $fill in the blank 26 blank blank $- Select - blank Volume variance-favorable: Excess hours used over normal at the standard rate for fixed factory overhead blank