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The following information for the past year is available from Thinnews Co., a...

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Accounting

The following information for the past year is available from Thinnews Co., a company that uses machine hours to apply standard factory overhead cost to outputs:

Actual total factory overhead cost incurred $ 24,000
Actual fixed overhead cost incurred $ 10,000
Budgeted fixed overhead cost $ 11,000
Actual machine hours 5,000
Standard machine hours allowed for the units manufactured 4,800
Denominator volumemachine hours 5,500
Standard variable overhead rate per machine hour $ 3.00

Under a three-variance breakdown (decomposition) of the total factory overhead variance, the factory overhead efficiency variance (to nearest whole dollar) is:

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