Chester Amalgamated recently prepared a manufacturing cost budget for an output of 58,000 units, as follows: Direct materials $ 116,000 Direct labor 58,000 Variable overhead 87,000 Fixed overhead 116,000 Actual units produced amounted to 68,000. Actual costs incurred were: direct materials, $117,000; direct labor, $68,000; variable overhead, $116,000; and fixed overhead, $107,000. If Chester evaluated performance by the use of a flexible budget, a performance report would reveal a total fixed variance of: (Round intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.) rev; 05_11_2012