A manufacturing company 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: Budgeted/denominator level of activity 3,700 MHs Overhead costs at the denominator activity level: Variable overhead cost $28,490 Fixed overhead cost $47,545 The following data pertain to operations for the most recent period: Actual hours 3,900 MHs Standard hours allowed for the actual output 3,850 MHs Actual total variable overhead cost $29,445 Actual total fixed overhead cost $47,995 What was the fixed overhead volume variance for the period to the nearest dollar?