A company reports the following: actual total overhead of $1,960; budgeted (flexible) overhead at units produced of $1,600, and standard overhead applied of $1,800 Volume variance is $200 unfavorable variance. True or False

A company reports the following actual total overhead of $1,960; budgeted (flexible) overhead at units produced of $1,600; and standard overhead applied of $1,800 volume variance is $200 unfavorable variance True or False