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Jordan Company produces basketballs and uses a standard costing system. Budgeted fixed overhead was $3,000. Rent changed during the year, causing actual fixed overhead to

Jordan Company produces basketballs and uses a standard costing system. Budgeted fixed overhead was $3,000. Rent changed during the year, causing actual fixed overhead to be $321,000. Jordan Company applies overhead on the basis of basketballs produced. They projected 1,000,000 basketballs would be produced during the year. They actually produced 1,290,000 basketballs. What is the fixed overhead volume variance?

Please indicate a favorable variance with a negative number and an unfavorable variance with a positive number. (Round to the nearest dollar at the end of your calculation.)

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