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Factory Overhead Cost Variances The following data relate to factory overhead cost for the...

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Accounting

Factory Overhead Cost Variances
The following data relate to factory overhead cost for the production of 4,000 computers:
Actual: Variable factory overhead $101,900
Fixed factory overhead ,22,500
Standard: 4,000 hrs. at $30.00,120,000
If productive capacity of 100% was 6,000 hours and the total factory overhead cost budgeted at the level of 4,000 standard hours was $127,500, determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $3.75 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Variance
Controllable variance
Volume variance
Total factory overhead cost variance
Amount
Favorable/Unfavorable
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