Fixed Overhead Spending Variance. Sampson Company applies fixed manufacturing overhead costs to products based on direct labor hours, Budgeted direct labor hours for the month of January totaled 30,000 hours, with a standard cost per direct labor hour of $12. Actual fixed overhead costs totaled $350,000 for January. 3 Required: 4 Calculate the fixed overhead spending variance for January, and clearly label whether the variance is favorable or unfavorable. 360,000 Budget cost Fixed Overhead Spending Variance Actual OH Budgeted OH 30,000 Budget DLH Per hour Actual Cost