Asper Corporation has provided the following data for February.

Denominator level of activity		8,500	machine-hours
Budgeted fixed manufacturing overhead costs	$	275,220
Fixed component of the predetermined overhead rate	$	35.40	per machine-hour
Actual level of activity		8,700	machine-hours
Standard machine-hours allowed for the actual output		9,000	machine-hours
Actual fixed manufacturing overhead costs	$	267,960

The budget variance for February is:

Multiple Choice

• $7,260 F

• $7,080 U

• $7,260 U

• $7,080 F