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Actual machine hours 970 Standard machine hours allowed 1,000 Denominator activity (machine hours) 1,210 Actual fixed overhead costs $ 10,360 Budgeted fixed overhead costs $

Actual machine hours 970
Standard machine hours allowed 1,000
Denominator activity (machine hours) 1,210
Actual fixed overhead costs $ 10,360
Budgeted fixed overhead costs $ 10,890
Predetermined overhead rate ($7 variable + $9 fixed) $ 11

What is the fixed overhead spending (price) variance?

$1,680 favorable.

$1,470 favorable.

$210 favorable.

$530 favorable.

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