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 $ 28,888 Actual fixed overhead cost incurred $ 7,080 Budgeted fixed overhead cost $ 10,888 Actual machine hours 8,eee Standard machine hours allowed for the units manufactured 5,500 Denominator volume-machine hours 6,288 Standard variable overhead rate per machine hour The fixed factory overhead production-volume variance, to the nearest whole dollar, is: (Do not round your Intermediate calculations: Round your final answer to zero decimal places.) $ 3 Multiple Choice $1,229 favorable. $329 unfavorable $1,129 unfavorable $1,229 favorable $729 favorable