Water Control Inc. manufactures water pumps and uses a standard cost system. The standard factory overhead costs per water pump are based on direct labor hours and are as follows: Variable overhead (4 hours at $8/hour) - $32 Fixed overhead (4 hours at $5/hour*) - $20 Total overhead cost per unit - $52 * Based on a capacity of 100,000 direct labor hours per month. The following additional information is available for the month of November: 22,000 pumps were produced although 25,000 had been scheduled for production 94,000 direct labor hours were worked at a total cost of $940,000 The standard direct labor rate is $9 per hour The standard direct labor time per unit is 4 hours Variable overhead costs were $740,000 Fixed overhead costs were $540,000 The fixed overhead spending variance for November was