Teall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level of activity Actual level of activity Standard variable manufacturing overhead rate Budgeted fixed manufacturing overhead cost Actual total variable manufacturing overhead Actual total fixed manufacturing overhead 9,000 MHs 9,100 MHs $ 6.20 per MH $ 55,000 $ 56,600 $ 59,500 What was the fixed manufacturing overhead budget variance for the month? Multiple Choice $620 Favorable $620 Unfavorable $4,500 Favorable $4,500 Unfavorable