Manson Manufacturing builds playground equipment that it sells to elementary schools and municipalities. The$$ company's management has contracted you to perform a variance analysis on the fixed manufacturing overhead for its line of slides.$$ Manson's cost accounting team informs you that it allocates fixed overhead based on machine hours. This period production was budgeted at $35$ slides. Budgeted and actual production data$$ follows:

Standard fixed overhead cost per machine hour

$$$$5$

Standard machine hours per slide

$6$

Actual production

$355$

Actual fixed overhead cost

$$$$21,500$

What is the fixed manufacturing overhead budget variance in this$$ period?