Harris Company has developed the following standards for one of its products. Direct labor hours is the driver used to assign overhead costs to products. Direct materials: 10 pounds * $3 per pound Direct labor: 2.5 hours * $8 per hour Variable manufacturing overhead: 2.5 hours x $2 per hour The following activity occurred during the month of June: Materials purchased: 125,000 pounds for $325,000 Materials used: 110,000 pounds Units produced: 10,000 units Direct labor: $180,000 for 24,000 dih Actual variable manufacturing overhead: $51,000 Actual Fixed manufacturing overhead: $132,000 Budgeted Fixed Manufacturing Overhead was $138,000 with a Fixed Manufacturing Overhead rate of $6 per hour. Using the 2-way analysis of Overhead variances, what is the Factory Overhead Production Volume variance? Be sure to show ALL your work with formulas in English or abbreviations, if needed, to receive full credit for a correct answer. TT T Arial 3 (12pt) - T Save All Answers lick Save and Submit to save and submit. Click Save All Answers to save all answers