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The following information is available from the Terry Company: Actual total factory overhead cost incurred $ 23,000 Actual fixed overhead cost incurred $ 12,300 Budgeted

The following information is available from the Terry Company:

Actual total factory overhead cost incurred$23,000
Actual fixed overhead cost incurred$12,300
Budgeted fixed overhead expenses$14,000
Actual direct labor hours (DLH) worked4,400
Standard DLHs for this period’s production (output)4,600
Standard variable overhead rate per DLH$3.00
Standard fixed overhead rate per DLH$2.50

What is the fixed overhead production volume variance for Terry Company for the period, to the nearest whole dollar?

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