The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply standard factory overhead cost to outputs:

Actual total factory overhead cost incurred $ 30,000 Actual fixed overhead cost incurred $ 7,000 Budgeted fixed overhead cost $ 12,000 Actual machine hours 8,000 Standard machine hours allowed for the units manufactured 4,600 Denominator volumemachine hours 5,300 Standard variable overhead rate per machine hour $ 3

Under a two-variance breakdown (decomposition) of the total factory overhead variance, the fixed overhead production volume variance, to the nearest whole dollar, is: (Do not round intermediate calculations