Fact Pattern: Tiny Tykes Corporation had the following activity relating to its fixed and variable overhead for the month of July: Actual costs Fixed overhead $120,000 Variable overhead 80,000 Flexible budget (Standard input allowed for actual output achieved budgeted rate) Variable overhead 90,000 Applied (Standard input allowed for actual output achieved budgeted rate) Fixed overhead 125,000 Variable overhead spending variance 2,000 F Production volume variance 5,000 U Question Tiny Tykes fixed overhead efficiency variance is