Adobe Company produces electric lawn mowers suitable for home and industrial use. During the year Adobe produced 54,000 mowers, using 163,000 direct labor hours. Adobes fixed overhead rate is $12 per direct labor hour and the company budgeted 166,500 direct labor hours. Actual fixed overhead for the year was $1,996,000. What is Adobes fixed overhead spending variance?

$2,000 unfavorable

$2,000 favorable

$40,000 favorable

$42,000 favorable