Reference no: EM131734513

Question - Factory Overhead Cost Variances

The following data relate to factory overhead cost for the production of 5,000 computers:

If productive capacity of 100% was 8,000 hours and the factory overhead cost budgeted at the level of 5,000 standard hours was $140,000, determine the variable factory overhead Controllable Variance, fixed factory overhead volume variance, and total factory overhead cost variance. The fixed factory overhead rate was $5.00 per hour. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.