The standard costs and actual costs for factory overhead for the manufacture of 2,608 units of actual production are as follows:

Standard Costs
Fixed overhead (based on 10,000 hours)	3 hours @ $0.70 per hour
Variable overhead	3 hours @ $2.10 per hour
Actual Costs
Total variable cost, $17,990
Total fixed cost, $7,977

Determine the amount of the factory overhead cost variance.

Select the correct answer.

$4,060 unfavorable

$3,124 unfavorable

$2,500 unfavorable

$2,500 favorable