Reference no: EM132515682

Blumen Textiles Corporation began April with a budget for 26,000 hours of production in the Weaving Department. The department has a full capacity of 35,000 hours under normal business conditions.

The budgeted overhead at the planned volumes at the beginning of April was as follows:

Variable overhead   $67,600

Fixed overhead       49,000

Total                   $116,600

• The actual factory overhead was $118,000 for April.
• The actual fixed factory overhead was as budgeted.
• During April, the Weaving Department had standard hours at actual production volume of 27,000 hours.

Question 1: Determine the variable factory overhead controllable variance and the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. Round your interim computations to the nearest cent, if required.