Casper Concrete manufactures custom concrete countertops for restaurants and individual homeowners. Caspers actual fixed overhead for the year was $86600. During the year, Casper produced 8500 square feet of countertop and used 4420 direct labor hours. Casper had budgeted to produce 9000 square feet of countertop and had budgeted to use 4500 direct labor hours. Caspers fixed overhead spending variance was $1200 unfavorable for the year. What was Caspers budgeted fixed overhead for the year (if necessary, round your answer to the nearest dollar)?

$87800

$85400

$88167

$86967