LULU 18 A company uses a standard costing system and applles overhead to production based on direct labor-hours. It provided the following information for its most recent year. Total budgeted fixed overhead coat for the year Actual fixed overhead cost for the year Budgeted direct labor-hours Actual direct labor-hours Standard direct labor-hours allowed for the actual output $300,000 $276,000 60,000 56,000 56,600 2012053 What is the fixed-overhead volume varianco? Multiple Choice $20,000 F