In October, Pine Company reports 18,800 actual direct labor hours, and it incurs $118,000 of manufacturing overhead costs. Standard hours allowed for the work done is 23,600 hours. The predetermined overhead rate is $5.15 per direct labor hour. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $3.55 variable per direct labor hour and $52,750 fixed. Compute the overhead volume variance. Normal capacity was 25,000 direct labor hours. Overhead Volume Variance $ Unfavorable