The following information is available from the Terry Company: Actual total factory overhead cost incurred $ 45,000 Actual fixed overhead cost incurred $ 11,700 Budgeted fixed overhead expenses $ 18,000 Actual direct labor hours (DLH) worked 9,200 Standard DLHs for this periods production (output) 4,900 Standard variable overhead rate per DLH $ 3.00 Standard fixed overhead rate per DLH $ 2.50 The fixed overhead spending variance for Terry Company for the period is: