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

Actual total factory overhead cost incurred	$ 24,000
Actual fixed overhead cost incurred	$ 10,000
Budgeted fixed overhead cost	$ 11,000
Actual machine hours	5,000
Standard machine hours allowed for the units manufactured	4,800
Denominator volumemachine hours	5,500
Standard variable overhead rate per machine hour	$ 3.00

The fixed factory overhead production-volume variance is:

Multiple Choice

$600 unfavorable.

$1,000 favorable.

$1,400 unfavorable.

$1,500 favorable.