A manufacturing company has a standard costing system based on standard direct labor-hours (DLHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity Overhead costs at the denominator activity level: Variable overhead cost Fixed overhead cost The following data pertain to operations for the most recent period: Actual hours 8,100 DLHS $ 44,550 $ 89,100 Standard hours allowed for the actual output Actual total variable manufacturing overhead cost Actual total fixed manufacturing overhead cost The fixed manufacturing overhead budget variance for the period is closest to: 8,300 DLHS 7,938 DLHs $ 48,600 $ 88,000