Factory Overhead Volume Variance Bellingham Company produced 4,800 units of product that required 5.5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.70 per direct labor hour at 27,700 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.