Onyx Company prepared a static budget at the beginning of the month. At the end of the month, the company is analyzing actual results versus budget using flexible budget methodology. Data are as follows: 
Based on the above data, how much was the sales volume variance for fixed expenses?
Definitions:
Projective Test
A test consisting of ambiguous material that people interpret or respond to.
Intelligence Tests
Standardized tests designed to measure human intelligence and cognitive abilities.
Shortcomings
Areas or aspects in which something or someone is lacking or insufficient.
Correlation Coefficient
A statistical measure that indicates the extent to which two variables fluctuate together, showing the strength and direction of their relationship.
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