The Littlefield Company applies manufacturing overhead costs to products on the basis of direct labor-hours. The standard cos. card shows that 12 direct labor-hours are required per unit of product. For August, the company budgeted to work 360,000 direct labor-hours and to incur $475,200 of total fixed overhead costs. During August, the company completed 28,000 units of product, worked 344,000 direct labor-hours, and incurred $461,200 of total fixed overhead costs. The denominator activity in the predetermined overhead rate is 360,000 direct labor-hours. The fixed overhead budget variance for August was: $14,000F $14,000 U. $12,800F. $12,800 U