Factory Overhead Volume Variance Alvarado Company produced 4,700 units of product that required 5 standard direct labor hours per unit. The standard fixed overhead cost per unit is $2.55 per direct abor hour at 21,600 hours, which is 100% of normal capacity. Determine the fixed factory overhead volume variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. X Feedback T Check My Work The fixed factory overhead volume variance is the difference between the budgeted fixed overhead at 100% of normal capacity and the standard fixed overhead for the actual units produced