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Denby Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual fixed manufacturing overhead costs for the most recent month

Denby Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual fixed manufacturing overhead costs for the most recent month appear below:

STANDARD COST PER LITER $43.60

STANDARD QUANITY PER OUTPUT 8.0

COST OF MATERIAL IN JUNE PER LITER $43.10

MATERIAL PURCHASE IN JUNE LITERS 1,700

The company based its original budget on 6,400 machine-hours. The company actually worked 6,710 machine-hours during the month. The standard hours allowed for the actual output of the month totaled 6,540 machine-hours. What was the overall fixed manufacturing overhead volume variance for the month?

Group of answer choices

$3,286 Favorable

$3,286 Unfavorable

$1,484 Unfavorable

$1,484 Favorable

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