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Factory overhead volume variance Alvarado Company produced 8 , 0 0 0 units of product that required 7 . 5 standard direct labor hours per

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Factory overhead volume variance
Alvarado Company produced 8,000 units of product that required 7.5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.00 per direct labor hour at 55,000 hours, which is 100% of normal capacity.
Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
$ Favorable
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