IDNLearn.com: Where curiosity meets clarity and questions find their answers. Discover comprehensive answers from knowledgeable members of our community, covering a wide range of topics to meet all your informational needs.

Alvarado Company produced 8,000 units of product that required 7.5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.00 per direct labor hour at 55,000 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.