Calculate the total over- or underapplied fixed manufacturing overhead: (Indicate the effect of each variance by selecting "F" for favorable/Overapplied and "U" for unfavorable/underapplied.)

Haines Manufacturing Company (HMC) bases its fixed overhead rate on practical capacity of 32,000 units per year. Budgeted and actual results for the most recent year follow: Fixed manufacturing overhead Number of units produced Fixed manufacturing overhead $622,000 $630,000 Budgeted Actual $672,000 $630,000 22,000 24,000