Budgeted overhead for Mangini Company at normal capacity of 30,000 direct labor hours is $6 per hour variable and $4 per hour fixed. In April, $310,000 of overhead was incurred in working 31,500 hours when 32,000 standard hours were allowed. The overhead volume variance is

Group of answer choices

$8,000 favorable.

$11,000 favorable.

$5,000 favorable.

$10,000 favorable.