Fletcher Company collected the following data regarding production of one of its products. Compute the fixed overhead cost variance.

Direct labor standard (2 hrs. @ $13.00/hr.)	$	26.00		per finished unit
Actual direct labor hours		90,500		hrs.
Budgeted units		46,500		units
Actual finished units produced		44,500		units
Standard variable OH rate (2 hrs. @ $15.10/hr.)	$	30.20		per finished unit
Standard fixed OH rate ($440,000/50,000 units)	$	8.80		per unit
Actual cost of variable overhead costs incurred	$	1,335,900
Actual cost of fixed overhead costs incurred	$	442,000

Multiple Choice

• $23,100 favorable.

• $50,400 favorable.

• $50,400 unfavorable.

• $23,100 unfavorable.

• $15,100 unfavorable.