Assume that a company uses a standard cost system and applies overhead to production based on direct labor-hours. It provided the following excerpt from the standard cost card of its only product: Standard Hours Standard Rate Standard Cost Fixed manufacturing overhead 2 hours $ 6.00 per hour $ 12.00 During the most recent period, the following additional information was available:

The total actual fixed overhead cost was $275,000.

The budgeted amount of fixed overhead cost was $285,000.

46,000 direct labor-hours were actually used to produce 24,100 units.

How much was the fixed overhead budget variance?

Multiple Choice

* $10,000 U

* $10,000 F

* $14,200 U

* $14,200 F