Question 3 1 pts Bakery Direct Company manufactures pre-made buttercream icing for retail bakery locations. For that one product, its budgeted fixed overhead rate is $5 per direct labor hour based on budgeted fixed costs of $350,000. One direct labor hour is allowed per batch preparation. In July, Bakery Direct manufactured 110,000 batches of icing and expensed $380,000 of fixed overhead; actual hours of direct labor amounted to 112,000. What is Bakery Direct's fixed overhead spending variance for July? $30,000 (F) $24,000 (F) $30,000 (U) O $36,000 (U)