Denominator hours for May 15,000 14,000 Actual hours worked during May Standard hours allowed for May 12,000 Flexible budget fixed overhead cost $45,000 Actual fixed overhead costs for May $48,000 Danske Company had total underapplied overhead of $15,000. Additional information is as follows: Variable Overhead: Applied based on standard direct labor hours allowed $42,000 Budgeted based on standard direct labor hours 38,000 Fixed Overhead Applied based on standard direct labor hours allowed $30,000 Budgeted based on standard direct labor hours 27,000 What is the fixed overhead spending (budget) variance for May? $1,000 u $3,000 u $2,000 u $2.000 F