In October, Sandhill Company reports 18,700 actual direct labor hours, and it incurs $115,500 of manufacturing overhead costs. Standard hours allowed for the work done is 23,100 hours. The predetermined overhead rate is $5.10 per direct labor hour. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $3.04 variable per direct labor hour and $51,500 fixed. Compute the overhead volume variance. Normal capacity was 25,000 direct labor hours. Overhead Volume Variance