Question 1 (1 point) Redel Inc. has the following results for the current period Fixed Overhead Units produced Budget $152,000 6,800 Actual $159,500 6,350 Fixed overhead is applied at $12 per direct labour hour. The standard hours per unit is 2 direct labour hours. What is the fixed overhead budget variance? (Use a negative number to indicate an unfavourable variance and use a positive number to indicate a favourable variance.) Your Answer: