Genesis Company uses a standard cost system for its production process and applies overhead based on direct labor hours. The following information is available for September when Genesis produced 5,000 units:
Standard:
DLH per unit 3.00
Variable overhead per DLH $1.80
Fixed overhead per DLH $3.25
Budgeted variable overhead $27,250
Budgeted fixed overhead $49,500
Actual:
Direct labor hours 16,000
Variable overhead $31,325
Fixed overhead $49,750
Refer to Genesis Company. Using the three-variance approach, what is the volume variance?