The management of Brown & Company is analyzing fixed manufacturing overhead variances for the fiscal period just ended. For the period, Brown & Company had budgeted $800,000 in fixed manufacturing overhead but had actually incurred $580,000. Also, the standard fixed overhead rate was $20 per machine hour and Brown & Company had allowed for 50,000 machine hours.

What is Brown & Company's fixed overhead budget variance?

Select one:

A. $600,000 (F)

B. $440,000 (F)

C. $220,000 (U)

D. $220,000 (F)