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The following budget data pertain to the Machining Department of Yolkenverst Co.: Maximum capacity Machine hours per unit Variable factory overhead Fixed factory overhead 67,000

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The following budget data pertain to the Machining Department of Yolkenverst Co.: Maximum capacity Machine hours per unit Variable factory overhead Fixed factory overhead 67,000 units 2.50 $ 4.00 per machine hour $435,600 The company prepared the budget at 76% of the maximum capacity level. The deportment uses machine hours as the basis for applying standard factory overhead costs to production, During the year the Machining Department produced 50,000 units, consuming 127,500 machine hours and incurring $435,600 of fixed overhead. For the current year the department has a fixed overhead production volume variance, rounded to the nearest whole dollar, of: (Round your intermediate calculation to 2 decimal places.)

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