The standard factory overhead rate is $7.50 per machine hour ($6.20 for variable factory overhead and $1.30 for fixed factory overhead) based on 100% capacity of 80,000 machine hours. The standard cost and the actual cost of factory overhead for the production of 15,000 units during August were as follows: 
What is the amount of the factory overhead volume variance?
Definitions:
Marginal Benefit
The additional benefit received from consuming one more unit of a product or service.
Total Benefit
The overall advantages or gains received from a good or service, including both tangible and intangible elements.
Football Games
Organized sporting events involving two teams playing football (soccer in some countries) under a set of rules to score goals against each other.
Total Benefit
The complete gain or satisfaction a person receives from consuming a good or service.
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