Approach Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 11,800 Actual fixed overhead incurred: $900,000 Standard fixed overhead rate: $14 per hour Budgeted fixed overhead: $860,000 Planned level of machine-hour activity: 61,000 If Approach estimates five hours to manufacture a completed unit, the company's fixed-overhead volume variance would be: Multiple Choice $28,000 negative. $28,000 positive. $40,000 negative. $40,000 positive. None of the answers is correct