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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

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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 Actual fixed overhead cost incurred Budgeted fixed overhead cost Actual machine hours Standard machine hours allowed for the units manufactured Denominator volume-machine hours Standard variable overhead rate per machine hour $26,000 $ 9,000 $11,000 8,000 5,000 5,700 $ 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.)

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