Bekits Corporation manufactured 37,500 grooming kits for horses during March. The following fixed overhead data relates to March:

Actual Static Budget

Production 37,500 units 36,000 units

Machine-hours 6,100 hours 5,940 hours

Fixed overhead costs for March $133,000 $124,740

What is the fixed overhead spending variance?

		$8,260 favorable
		$3,062.50 unfavorable
		$8,260 unfavorable
		$3,062.50 favorable