Manufacturing overhead data for the production of Product H by Shakira Company, assuming the company uses a standard cost system, are as follows.

Overhead incurred for 52,000 actual direct labor hours worked .................................................................. $263,000
Overhead rate (variable $3; fixed $2) at normal capacity of 54,000 direct labor hours .............................. $5
Standard hours allowed for work done ............................................................................................................    52,000

Instructions

Compute the total overhead variance.