Tiger Equipment Inc., a manufacturer of construction equipment, prepared the following factory overhead cost budget for the Welding Department for May of the current year. The company expected to operate the department at 100% of normal capacity of 8,400 hours. Line Item Description Amount Amount Variable costs: Indirect factory wages $30,240 Power and light 20,160 Indirect materials 16,800 Total variable cost $67,200 Fixed costs: Supervisory salaries $20,000 Depreciation of plant and equipment 36,200 Insurance and property taxes 15,200 Total fixed cost 71,400 Total factory overhead cost $138,600 During May, the department operated at 8,860 hours, and the factory overhead costs incurred were indirect factory wages, $32,400;

Line Item Description	Actual Cost	Budget (at Actual Production)	Unfavorable Variances	Favorable Variances
Variable factory overhead costs:
Indirect factory wages	$Indirect factory wages	$Indirect factory wages	$Indirect factory wages	$Indirect factory wages
Power and light	Power and light	Power and light	Power and light	Power and light
Indirect materials	Indirect materials	Indirect materials	Indirect materials	Indirect materials
Total variable cost	$Total variable cost	$Total variable cost
Fixed factory overhead costs:
Supervisory salaries	$Supervisory salaries	$Supervisory salaries
Depreciation of plant and equipment	Depreciation of plant and equipment	Depreciation of plant and equipment
Insurance and property taxes	Insurance and property taxes	Insurance and property taxes
Total fixed cost	$Total fixed cost	$Total fixed cost
Total factory overhead cost	$Total factory overhead cost	$Total factory overhead cost
Total controllable variances			$Total controllable variances	$Total controllable variances
Net controllable variance-favorableNet controllable variance-unfavorableNet controllable variance-unfavorable	blank	blank	$Net controllable variance-unfavorable	blank
Volume variancefavorable:
Excess hours used over normal at the standard rate for fixed factory overhead	blank	blank	Excess hours used over normal at the standard rate for fixed factory overhead	blank
Total factory overhead cost variance-favorableTotal factory overhead cost variance-unfavorable	blank	blank	$- Select -	blank