Jared Corporation is a manufacturer and uses machine hours to allocate overhead. The following fixed overhead data pertain to March: Actual Static Budget 24,000 units Production 25,000 units 6,100 hours 6,000 hours Machine-hours Fixed overhead costs for March $123,000 $120,000 What is the production-volume variance? Select one: a. $2,000 unfavorable cross out b. $3,000 favorable cross out c. $4,000 unfavorable cross out d. $5,000 favorable cross out