ABC Company began operations on June 1, 2019. For its first month of operations, ABC Company established the following standards for one unit of its single product: standard quantity standard price

direct materials 3 pounds $3.90 per pound direct labor 5 hours $16.00 per hour variable overhead 5 hours $7.40 per hour fixed overhead 5 hours $8.10 per hour The following information is available for the month of June: 1. 37,000 pounds of direct materials were purchased at a total cost of $107,300. 2. 38,000 direct labor hours were worked at a total cost of $617,500. 3. The variable overhead cost for the month totaled $325,000. 4. The fixed overhead cost for the month totaled $290,000. 5. 7,800 units were produced. 6. At June 30, ABC Company had 6,000 pounds of direct materials on hand. 7. The denominator hours for June were 41,000 hours. Calculate the fixed overhead volume variance for June. If the variance is favorable, enter an F after your number with a space between the number and the F (i.e., 10,000 F). If the variance is unfavorable, enter a U after your number with a space between the number and the U (i.e., 10,000 U). Do not use decimals in your answer.