The following information is available for Baxter Manufacturing for April: Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($1 variable + $4 fixed) 940 1,000 1,500 $5,800 $6,000 $ 5 Is the fixed overhead price (spending) variance for April favorable or unfavorable? Multiple Choice Unfavorable Favorable