Factory Overhead Cost Variances The following data relate to factory overhead cost for the production of 8,000 computers: Actual: Variable factory overhead $265,800 Fixed factory overhead 87,750 Standard: 8,000 hrs. at $41 328,000 If productive capacity of 100% was 13,000 hours and the total factory overhead cost budgeted at the level of 8,000 standard hours was $361,750, determine the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $6.75 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Variance Amount Favorable/Unfavorable Variable factory overhead controllable variance 116,200 X Unfavorable X Fixed factory overhead volume variance -33,750 X Favorable X Total factory overhead cost variance $ -25,550 X Favorable X