Factory Overhead Volume Variance

Venneman Company produced 4,600 units of product that required 6.5 standard hours per unit. The standard fixed overhead cost per unit is $2.35 per hour at 27,800 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. $fill in the blank 1

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