A company uses a standard costing system and applies overhead to production based on direct labor-hours. It provided the following information for its most recent year: Total budgeted fixed overhead cost for the year Actual fixed overhead cost for the year Budgeted direct labor-hours Actual direct labor-hours Standard direct labor-hours allowed for the actual output $300,000 $270,000 60,000 56,000 58,000 What is the fixed overhead budget variance? Multiple Choice $30,000 F $10,000 U O $10,000 F $30,000 U