Jewel Company calculates its predetermined rates using practical volume, which is 300,000 units. The standard cost system allows two directlabourhours per unit produced. Overhead is applied using directlabourhours. The total budgeted overhead is $3,200,000 of which $900,000is fixed overhead. The actual results for the year are as follows:

Units produced:	280,000
Directlabour:	570,000 hours @ $9 per hour
Variable overhead:	$2,320,000
Fixed overhead:	$872,000

What is the fixed overhead volume variance?

$8,000 U

$24,000 U

$45,000 U

$28,000 F