Factory Overhead Volume Variance Encinas Company produced 2,300 units of product that required 3 standard hours per unit. The standard fixed overhead cost per unit is $1.20 per hour at 7,100 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. Unfavorable Feedback 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