Wave Fashions Uses Standard Costs for Its Manufacturing Division A) $8000 U
B) $8000 F
C) $14,000 U
D)

Wave Fashions uses standard costs for its manufacturing division. The allocation base for overhead costs is direct labor hours. From the following data, calculate the total fixed overhead variance. $$\begin{array} { | l | r | } \hline \text { Actual fixed overhead } & \$ 36,000 \\\hline \text { Budgeted fixed overhead } & \$ 24,500 \\\hline \text { Allocated fixed overhead } & \$ 28,000 \\\hline \text { Standard overhead allocation rate } & \$ 7.00 \\\hline \text { Standard direct labor hours per unit } & 2.00 \text { DLHr } \\\hline \text { Actual output } & 2000 \text { units } \\\hline\end{array}$$

A) $8000 U
B) $8000 F
C) $14,000 U
D) $14,000 F