The data related to Shunda Enterprises Inc.s factory overhead cost for the production of 40,000 units of product are as follows:

Actual:	Variable factory overhead	$175,100
	Fixed factory overhead	126,300
Standard:	61,000 hrs. at $5 ($2.90 for variable factory overhead)	305,000

Productive capacity at 100% of normal was 59,900 hours, and the factory overhead cost budgeted at the level of 61,000 standard hours was $303,200. Based on these data, the chief cost accountant prepared the following variance analysis:

Variable factory overhead controllable variance:
Actual variable factory overhead cost incurred	$175,100
Budgeted variable factory overhead for 61,000 hours	176,900
Variancefavorable			$(1,800)
Fixed factory overhead volume variance:
Normal productive capacity at 100%	59,900	hrs.
Standard for amount produced	61,000
Productive capacity not used	1,100	hrs.
Standard variable factory overhead rate	x $5
Varianceunfavorable			5,500
Total factory overhead cost varianceunfavorable			$3,700

Compute the following to assist you in identifying the errors in the factory overhead cost variance analysis. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Round your interim computations to the nearest cent, if required.

Variance	Amount	Favorable/Unfavorable
Variable Factory Overhead Controllable Variance	$	Favorable
Fixed Factory Overhead Volume Variance	$	Favorable
Total Factory Overhead Cost Variance	$	Favorable