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factory Ovishead Cost Variance Report Feelung Better Medical inc., a manulacturer of disposable enedical supplies, prepared the following factory overhead cost budgot for the Assembly Department for October of the current rear. The company, expected to operate the department at 100% of notrmal capocity of 7,600 hours. motenats, $17,200; supecyitary salariet, 513,110 ; deprebstion of plant and equipnsent, 133,630; and irsurance and property tane, 110,260 . Prepare a factory overhead cost variance report for October. To be usehul for cost control, the budgeted amounts should be based on 8 , ino hours: Enter-a favorable variance as a negative number ushy a minus sign and an unfavorable yariance as a positive number. Round your per unit computations to the nearest cent, if reguired. If an amount bax does not requare an entry, leave it bisnk. Variable factory overhead costs? Indirect factory wages. Power and light indirect materials Total yariable cost Fixed factory overhead costs: Supervisory salanes Depreciation of plant and equipment insurance and property taxes Total foxed cost Total factory, overhead cost Total controllable varances Volume variance-favorable: Excess hours used over normal at the standard rate for foced factory overhead

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