The following data relate to factory overhead cost for the production of 5,000 computers: Actual: Variable factory overhead $120,000 Fixed factory overhead 50,000 Standard: 5,000 hrs. at $31 155,000 If productive capacity of 100% was 8,000 hours and the total factory overhead cost budgeted at the level of 5,000 standard hours was $173,750, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory over

Factory Overhead Cost Variances The following data relate to factory overhead cost for the production of 5,000 computers: If productive capacity of 100% was 8,000 hours and the total factory overhead cost budgeted at the level of 5,000 standard hours $173,750, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $6.25 per hour. Enter a favorable variance as a negative number using a minus sign ar unfavorable variance as a positive number