The following information is available for the Danske Company: Denominator hours for May Actual hours worked during May Standard hours allowed for May Flexible budget fixed overhead cost Actual fixed overhead costs for May 16,500 15,200 12,600 $49,500 $52,800 Danske Company had total underapplied overhead of $16,500. Additional information is as follows: Variable Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours $45,000 39,500 Fixed Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours $33,000 28,500 What is the fixed overhead price (spending) variance for May