Fiona Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended:

Actual units produced :14,800

Actual fixed overhead incurred :AED791,000

Standard fixed overhead rate :AED13 per hour

Budgeted fixed overhead :AED780,000

Planned level of machine-hour activity :60,000

If Fiona estimates four hours to manufacture a completed unit, the company's fixed-overhead volume variance would be:

AED10,400 unfavorable.

AED11,000 favorable.

AED10,400 favorable.

AED11,000 unfavorable