Peters Company uses a flexible budget system and prepared the following information for the year: Percent of capacity 80% 90% Direct labor hours 24,000 27,000 Variable manufacturing overhead $48,000 $54,000 Fixed manufacturing overhead $108,000 $108,000 Total manufacturing overhead rate per DLH $6.50 $6.00 Peters operated at 80% of capacity during the year but applied manufacturing overhead based on the 90% capacity level. Assuming that actual manufacturing overhead was equal to the budgeted amount for the attained capacity, what is the amount of overhead variance for the year