Fletcher Company collected the following data regarding production of one of its products. Compute the fixed overhead cost variance. Direct labor standard (2 hrs. @ $12.60/hr.) Actual direct labor hours Budgeted units Actual finished units produced Standard variable OH rate (2 hrs. @ $16.20/hr.) Standard fixed OH rate ($603,900/61,000 units) Actual cost of variable overhead costs incurred Actual cost of fixed overhead costs incurred $ 25.20 per finished unit 101,500 hrs. 52,000 units 50,000 units $ 32.40 per finished unit $ 9.90 per unit $1,614,000 $ 605,000