Following is a partially completed performance report for a recent week for direct labor in the binding department of a book publisher:

	Original Budget				Flexed Budget	Actual				Budget Variance
Direct labor		$	1,800				$	1,888

The original budget is based on the expectation that 3,000 books would be bound; the standard is 20 books per hour at a pay rate of $12 per hour. During the week, 2,860 books were actually bound. Employees worked 160 hours at an actual total cost of $1,888. Calculate the flexed budget amount against which actual performance should be evaluated and then calculate the budget variance