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Factory overhead volume variance Alvarado Company produced 1,300 units of product that required 5.5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.15 per direct labor hour at 7,850 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.