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Factory Overhead Cost Variances

The following data relate to factory overhead cost for the production of $3,000$ computers:

Line Item Description Amount

Actual: Variable factory overhead $$109,900$

Fixed factory overhead $31,250$

Standard: $3,000$ hrs$.$ at $$44\mathrm{.}00132,000$

If productive capacity of $100\%$ was $5,000$ hours and the total factory overhead cost budgeted at the level of $3,000$ standard hours was $$144,500,$ determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $$6\mathrm{.}25$ per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.Factory Overhead Cost Variances

The following data relate to factory overhead cost for the production of $3,000$ computers:

If productive capacity of $100\%$ was $5,000$ hours and the total factory overhead cost budgeted at the level of $3,000$ standard hours was

$$144,500,$ 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\mathrm{.}25$ per hour. Enter a favorable variance as a negative number using a

minus sign and an unfavorable variance as a positive number.

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