Fletcher Company collected the following data regarding production of one of its products. Compute the fixed overhead cost variance. 53 Direct labor standard (2 hrs. @ $13.60/hr.) Actual direct labor hours Budgeted units Actual finished units produced Standard variable OH rate (2 hrs. @ $16.60/hr.) Standard fixed OH rate ($620,000/62,000 units) Actual cost of variable overhead costs incurred Actual cost of fixed overhead costs incurred $ 27.20 per finished unit 102,500 hrs. 52,500 units 50,500 units $ 33.20 per finished unit $ 10.00 per unit $1,673,600 $ 625,000 Multiple Choice $19,600 unfavorable. $120,000 unfavorable. $120,000 favorable. $16,600 unfavorable. $19,600 favorable