3 Fletcher Company collected the following data regarding production of one of its products. Compute the fixed overhead cost variance. Direct labor standard (2 hrs. e $13.20/hr.) 26.40 per finished unit 94,500 hrs Actual direct labor hours Budgeted units Actual finished units produced Standard variable OH rate (2 hrs. 0 $15.00/hr.) Standard fixed OH rate ( $496, 800/54, 000 units) 48,500 units Sklpped 46,500 units 30.00 per finished unit 9.20 per unit $ Actual cost of variable overhead costs incurred $1,388,000 Actual cost of fixed overhead costs incurred $500,000 Multiple Choice $22,000 favorable. $22,000 unfavorable. $15,000 unfavorable, $72,200 unfavorable $72,200 favorable