The data related to Shunda Enterprises Inc.'s factory overhead cost for the production of 50,000 units of product are as follows: Actual: $173,100 Variable factory overhead Fixed factory overhead 125,900 Standard: 76,000 hrs. at $4 ($2.30 for variable factory overhead) 304,000 Productive capacity at 100% of normal was 75,200 hours, and the factory overhead cost budgeted at the level of 76,000 standard hours was $302,200. Based on these data, the chief cost accountant prepared the following variance analysis: Variable factory overhead controllable variance: Actual variable factory overhead cost incurred $173,100 Budgeted variable factory overhead for 76,000 hours (174,800) Variance-favorable $(1,700) Fixed factory overhead volume variance: Normal productive capacity at 100% 75,200 hrs. Standard for amount produced (76,000) Productive capacity not used 800 hrs. Standard variable factory overhead rate X $4 Variance-unfavorable 3,200 Total factory overhead cost variance-unfavorable $1,500 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 125,900 Fixed factory overhead 76,000 hrs. at $4 ($2.30 for variable factory overhead) Standard: 304,000 Productive capacity at 100% of normal was 75,200 hours, and the factory overhead cost budgeted at the level of 76,000 standard hours was $302,200. Based on these data, the chief cost accountant prepared the following variance analysis: Variable factory overhead controllable variance: Actual variable factory overhead cost incurred $173,100 (174,800) Budgeted variable factory overhead for 76,000 hours Variance-favorable $(1,700) Fixed factory overhead volume variance: Normal productive capacity at 100% 75,200 hrs. Standard for amount produced (76,000) Productive capacity not used 800 hrs. Standard variable factory overhead rate X $4 Variance-unfavorable 3,200 Total factory overhead cost variance-unfavorable $1,500 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 lini Fixed Factory Overhead Volume Variance Total Factory Overhead Cost Variance