XYZ Company has the following data: Budgeted Production Budgeted fixed overhead Direct labor standard per unit Direct material standard per unit Standard variable overhead Actual production Actual fixed overhead Actual direct labor Actual direct materials Actual variable overhead 1,200 units P120,000 1.5 hours @P50 per direct labor hour 0.5 kg @ P23 per kilo P30 per direct labor hour 1,150 units P121,000 1,800 hours @ P90,000 690 kg @P15,525 P55,800 Calculate the fixed overhead volume variance