Adam Co has a standard cost system in which manufacturing overhead is applied to units of product on the basis of direct labour hours. The company has provided the following data concerning its fixed manufacturing overhead costs in March:

Denominator Hours	15000 hours
Actual Hours Worked	14000 hours
Standard Hours Allowed for the Output	12000 hours
Flexible Budget Fixed Overhead Cost	$46,000
Actual Fixed Overhead Costs	$50,000

What was the fixed overhead volume variance?

Question 7 options:

	$6,571 favourable
	$4,000 favourable
	$9,200 unfavourable
	$4,000 unfavourable