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A manufacturer of playground equipment has a standard costing system based on machine hours (MHs) as the measure of activity. Data from the company's flexible

A manufacturer of playground equipment has a standard costing system based on machine hours (MHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:

Denominator Level of Activity 3,100 MHs
Fixed Overhead Cost $42,200

The following data pertain to operations for the most recent period:

Actual Hours 3,600 MHs
Standard Hours Allowed for the Actual Output 3,700 MHs
Actual Total Fixed Overhead Cost $41,000

What was the fixed overhead budget variance for the period, rounded to the nearest dollar?

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