Q.12 - Johnson's Climbing Gear, is a firm that uses a pre-determined overhead rate (a PDOH rate) to allocate overhead. The firm incurs variable and fixed overhead. The firm's PDOH for the period is $19.92 per cost driver unit, and 50% of that PDOH is for variable overhead costs (the remainder of the PDOH rate is for fixed overhead costs).

During the period, the company actually incurred $16,612 in fixed overhead costs. The firm budgeted 2,278 units of cost driver consumption, but 1,418 units of cost driver were actually consumed.

What is the firm's fixed overhead volume variance?

NOTE: (Round Your Final Answer to the nearest cent)