The Finishing Department of Pinnacle Manufacturing Co. prepared the following factory overhead cost budget for October of the current year, during which it expected to operate at a 100% capacity of 10,000 machine hours. Variable costs: Indirect factory wages $18,000 Power and light 12,000 Indirect materials 4,000 Total variable cost $34,000 Fixed costs: Supervisory salaries $12,000 Depreciation of plant and equipment 8,800 Insurance and property taxes 3,200 Total fixed cost 24,000 Total factory overhead $58,000 During October, the plant was operated for 9,000 machine hours and the factory overhead costs incurred were as follows: indirect factory wages, $16,400; power and light, $10,000; indirect materials, $3,000; supervisory salaries, $12,000; depreciation of plant and equipment, $8,800; insurance and property taxes, $3,200. Prepare a factory overhead cost variance report for October. (The budgeted amounts for actual amount produced should be based on 9,000 machine hours.) Enter all amounts as positive numbers. If an amount box does not require an entry, leave it blank. For the Month Ended October 31 Productive capacity for the month 10,000 hours Actual production for the month 9,000 hours Budget Actual Favorable Variances Unfavorable Variances Variable factory overhead costs: Indirect factory wages 18,000 16,400 1,600 Power and light 12,000 10,000 2,000 Indirect materials 4,000 3,000 1,000 Total variable factory overhead cost 34,000 29,400 Fixed factory overhead costs: Supervisory salaries 12,000 12,000 Depreciation of plant and equipment 8,800 8,800 Insurance and property taxes 3,200 3,200 Total fixed factory overhead cost 24,000 24,000 Total factory overhead cost 58,000 53,400 Total controllable variances 4,600 Net controllable Net controllable variance-favorable 4,600 Volume variance-unfavorable: Idle hours at the standard rate for fixed overhead Total factory overhead cost variance-unfavorable