please complete the excel portionb

c. Factory Overhead Cost Variance Variable factory overhead controllable variance: Actual variable FO cost incurred Budgeted variable FO cost for 12,000 hrs. Variance Fixed factory overhead volume variance: Hours at normal capacity Standard hours for amount produced Productive capacity not used Standard fixed FO cost rate Variance Total factory overhead cost variance Factory Overhead Actual Factory Budgeted Factory Overhead Applied Factory Overhead Overhead Controllable Volume Variance Total Factory Ovemead Cost Variance PR 23-3A Direct Materials, Direct Labor, and Factory Overhead Cost Variance Analysis Obj. 3, 4 Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 40,000 units of product were as follows: Each unit requires 0.3 hour of direct labor. INSTRUCTIONS Determine (a) the direct materials price variance, dire t materials quantity variance, and total direct materials cost variance; (b) the direct labor rate variance, direct labor time variance, and total direct labor cost variance; and (c) the variable factory overhead controllable variance, fixed factory overhead volume variance, and total factory overhead cost variance. Answer: Check Figure: c. Controllable variance, $(4,800) F