TB MC Qu. 16-100 What is the fixed overhead spending...

Denominator hours for May		17,000
Actual hours worked during May		15,600
Standard hours allowed for May		12,800
Flexible budget fixed overhead cost	$	51,000
Actual fixed overhead costs for May	$	54,400

What is the fixed overhead spending (budget) variance for May?

$1,400 unfavorable.

$3,400 unfavorable.

$2,800 unfavorable.

$2,800 favorable.