The following data relate to factory overhead cost for the production of 4,000 computers:
Line Item Description Amount
Actual: Variable factory overhead $163,000
Fixed factory overhead 36,000
Standard: 4,000 hrs. at $48.00 192,000
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 $204,000, determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $6.00 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
Controllable variance $fill in the blank 1
41,000
Favorable
Volume variance $fill in the blank 3
12,000
Unfavorable
Total factory overhead cost variance $fill in the blank 5
29,000
Unfavorable
