24. At 60,000 machine hours, Alibaba Company's static budget for variable overhead costs is $180,000 and for fixed overhead costs is $300,000. Machine hours are the cost driver of all overhead costs. At 60,000 machine hours, the company produces 40,000 units. The following data is available: Actual units produced and sold Actual machine hours Actual variable overhead costs Actual fixed overhead costs 42,000 64,000 $185,600 $302,400 What is the fixed overhead spending variance, is it favorable or unfavorable (4pts)