A manufacturing company has a standard costing system based on standard direct labor hours (OLH) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below. 6,500 DLHS Denominator level of activity Overhead costs at the denoninator activity level: Variable overhead cost Fixed overhead cost $37,400 $74,800 The following data pertanto operations for the most recent period Actual hours Standard hours allowed for the actual output Actual total variable manufacturing overhead cost Actual total fixed manufacturing overhead cost 7,000 DLS 6,664 DLHS $40,000 $73,930 The foxed manufacturing overhead budget variance for the period is closest to Multiple Choice O S970F O $5267