Please do not give solution in image format thanku >CalculatorProductive capacity at 100% of normal was 75,000 hours, and the factory overhead cost budgeted at the level of 76,000 standard hours was $377,700. Based on these data, the chief costaccountant prepared the following variance analysis:Variable factory overhead controllable variance:Actual variable factory overhead cost incurredBudgeted variable factory overhead for 76,000 hoursVariance-favorableFixed factory overhead volume variance:Normal productive capacity at 100%Standard for amount produced$218,200220,400Variable Factory Overhead Controllable VarianceFixed Factory Overhead volume VarianceTotal Factory Overhead Cost Variance75,000 hrs.76,000Productive capacity not usedStandard variable factory overhead rateVariance-unfavorableTotal factory overhead cost variance-unfavorableCompute the following to assist you in identifying the errors in the factory overhead cost variance analysis. Enter a favorable variance as a negative number using a minus sign and an unfavorablevariance as a positive number. Round your interim computations to the nearest cent, if required.VarianceAmountS$1,000 hrs.x $5$(2,200)hp5,000$2,800Favorable/UnfavorableHous1:37 AM4/23/2020 >Factory Overhead Variance CorrectionsThe data related to Shunda Enterprises Inc.'s factory overhead cost for the production of 50,000 units of product are as follows:Actual:Variable factory overhead$218,200Fixed factory overhead.157,30076,000 hrs. at $5 ($2.90 for variable factory overhead).380,000Standard:4Productive capacity at 100% of normal was 75,000 hours, and the factory overhead cost budgeted at the level of 76,000 standard hours was $377,700. Based on these data, the chief costaccountant prepared the following variance analysis:Variable factory overhead controllable variance:Actual variable factory overhead cost incurredBudgeted variable factory overhead for 76,000 hoursVariance-favorableFixed factory overhead volume variance:Normal productive capacity at 100%Standard for amount producedProductive capacity not usedStandard variable factory overhead rateVariance-unfavorable$218,200220,40075,000 hrs.76.0001,000 hrs.x $5$(2,200)5,000$2,800Total factory overhead cost variance-unfavorableCompute the following to assist you in identifying the errors in the factory overhead cost variance analysis. Enter a favorable variance as a negative number using a minus sign and an unfavorableMAN1:37 AM4/23/2020

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Description: Please do not give solution in image format thanku >CalculatorProductive capacity at 100% of normal was 75,000 hours, and the factory overhead cost budgeted at the level of 76,000 standard hours was $377,700. Based on these data, the chief costaccoun

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Factory Overhead Variance Corrections The data related to Shunda Enterprises Inc.'s factory overhead cost for the production of 50,000 units of product are as follows: Variable factory overhead $218,200 Fixed factory overhead 157,300 76,000 hrs. at $5 ($2.90 for variable factory overhead) 380,000 Actual: Standard: Productive capacity at 100% of normal was 75,000 hours, and the factory overhead cost budgeted at the level of 76,000 standard hours was $377,700. Based on these data, the chief cost accountant prepared the following variance analysis: Variable factory overhead controllable variance: Actual variable factory overhead cost incurred Budgeted variable factory overhead for 76,000 hours Variance-favorable $218,200 220,400 Fixed factory overhead volume variance: Normal productive capacity at 100% Standard for amount produced Productive capacity not used Standard variable factory overhead rate Variance-unfavorable Total factory overhead cost variance-unfavorable Compute the following to assist you in identifying the errors in the factory overhead cost variance analysis. Enter a favorable variance as a negative number using a minus sign and an unfavorable 75,000 hrs. 76.000 1,000 hrs. x $5 $(2,200) hp 5.000 $2,800