12. The following information was compiled by Frank Ironman Incorporated:

Expected volume of production 50,000 units

Actual volume of production 47,000 units

Budgeted fixed overhead costs (for 50,000 budgeted units) $200,000

Actual fixed overhead costs $220,000

Actual variable overhead costs $790,000

Budgeted variable overhead costs (for 50,000 budgeted units) $855,000

Assume the cost allocation base for overhead costs is units of production. What is the fixed overhead flexible budget variance?

A) $6,000 Favorable

B) $12,000 Unfavorable

C) $20,000 Favorable

D) $20,000 Unfavorable