Factory Overhead Cost Variance Report Variable costs: Indirect factory wages Power and light Indirect materials Total variable cost Fixed costs: Supervisory salaries Depreciation of plant and equipment Insurance and property taxes Total fixed cost Total factory overhead cost $30,240 20,160 16,800 $67,200 $20,000 36,200 15,200 and property taxes, $15,200. not require an entry, leave it blank. Normal capacity for the month 8,400hrs