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$37,000 Actual fixed overhead cost incurred$14,000 Budgeted fixed overhead cost$10,000 Actual machine hours 8,000 Standard machine hours allowed for the units manufactured 4,500 Denominator volumemachine hours 5,200 Standard variable overhead rate per machine hour$3 The fixed factory overhead production-volume variance, to the nearest whole dollar, is:

(Do not round your intermediate calculations.) Multiple Choice$1,446 favorable.$1,346 unfavorable.$546 unfavorable.$946 favorable.$2,046 favorable.