Line Item Description
Variable factory overhead costs:
Indirect factory wages
Power and light
Indirect materials
Total variable cost
Tiger Equipment Inc.
Factory Overhead Cost Variance Report-Welding Department
For the Month Ended May 31
Fixed factory overhead costs:
Supervisory salaries
Depreciation of plant and equipment
Insurance and property taxes
Total fixed cost
Total factory overhead cost
Total controllable variances
Net controllable variance-unfavorable
Volume variance-favorable:
Excess hours used over normal at the standard rate for fixed factory overhead
Total factory overhead cost variance-favorable
Actual
Cost
Budget
(at Actual
Production)
Unfavorable Favorable
Variances Variances
32,400
31,896
504
0
21,000
21,264
0
264 X
18,250
17,720
530
0
71,650
70,880
20,000
20,000
36,200
36,200
15,200
15,200 ?
$71,400
71,400 ?
$ 143,050 ?
142,280 ?
1,034
264 X
770
3,910 X
142,280 X
