Scribe Paper Production Company Has Calculated a Budgeted Fixed Overhead

Scribe Paper Production Company has calculated a budgeted fixed overhead cost of $500,000 and one unit of output consumes 0.70 machine hours.One machine hour has been calculated to cost $70.Because of several order changes the actual output is 10,000 units.
Required
Compute the production-volume variance for Scribe Paper Production Company and indicate whether the value indicates a favorable,F,or unfavorable,U,variance.

A) $10,000;U
B) $100,000;F
C) $10,000;F
D) $70,000;U
E) $100,000;U