Tannin Products Inc. prepared the following factory overhead cost budget for the Trim Department for July of the current year, during which it expected to use 19,000 hours for production:

1	Variable overhead cost:
2	Indirect factory labor	$39,900.00
3	Power and light	9,500.00
4	Indirect materials	19,000.00
5	Total variable overhead cost		$68,400.00
6	Fixed overhead cost:
7	Supervisory salaries	$54,800.00
8	Depreciation of plant and equipment	39,800.00
9	Insurance and property taxes	121,400.00
10	Total fixed overhead cost		216,000.00
11	Total factory overhead cost		$284,400.00

Tannin has available 24,000 hours of monthly productive capacity in the Trim Department under normal business conditions. During July, the Trim Department actually used 21,000 hours for production. The actual fixed costs were as budgeted. The actual variable overhead for July was as follows:

1	Actual variable factory overhead cost:
2	Indirect factory labor	$43,290.00
3	Power and light	10,280.00
4	Indirect materials	23,200.00
5	Total variable cost	$76,770.00

Required:

Construct a factory overhead cost variance report for the Trim Department for July. 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: 70/174 Tannin Products Inc. Factory Overhead Cost Variance ReportTrim Department For the Month Ended July 31 1Productive capacity for the month 24,000 hours 2Actual productive capacity used for the month 21,000 hours Budget (at actual production) Variances Variances Actual Favorable Unfavorable 5factory overhead costs: Indirect factory labor 7 Power and light 8Indirect materials 9Total variable factory overhead cost 10 Fixed factory overhead costs: 11 Supevisory salaries 12 Depreciation of plant and equipment 13 Insurance and property taxes 14 Total fixed factory overhead cost 15 Total factory overhead cost