Forward Venture Company, which uses a standard cost system, budgeted $$750,000$ of fixed overhead when $50,000$ machine hours were anticipated. Other data for the period were:

Actual units produced: $12,000$

Standard production time per unit: $4\mathrm{.}0$ machine hours

Fixed overhead incurred: $$800,000$

Actual machine hours worked: $51,000$

Forward Venture Company$$s fixed$-$overhead budget variance is:

Multiple Choice

$$30,000$ favorable.

$$12,000$ favorable.

$$50,000$ favorable.

$$30,000$ unfavorable.

$$50,000$ unfavorable.