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Consider the following information: Budgeted production (in units) 1,200 Budgeted machine-hours or denominator activity Actual production 6,000 1,500 Standard hours allowed for the actual

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Consider the following information: Budgeted production (in units) 1,200 Budgeted machine-hours or denominator activity Actual production 6,000 1,500 Standard hours allowed for the actual output 7,500 Budgeted fixed manufacturing overhead $21,000 Actual fixed manufacturing overhead $22,000 What is the volume variance? $1,000 U $2,520 U $5,250 F $5,250 U

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