In October, Concord Inc. reports 43,800 actual direct labor hours and incurs $228,000 of manufacturing overhead costs. Standard hours allowed for the month's production is 44,300 hours. Concord's predetermined overhead rate is $5.00 per direct labor hour. The flexible manufacturing overhead budget shows that budgeted costs are $3.80 variable per direct labor hour and $78,000 fixed. Compute the manufacturing overhead volume variance. Normal capacity was 65,000 direct labor hours. Identify whether the variance is favorable or unfavorable. Total manufacturing overhead volume variance $