Jones Manufacturing incurred fixed overhead costs of $10,000 and variable overhead costs of $4,600 to produce 1,000 gallons of liquid fertilizer. The standard hours allowed to produce 1,000 gallons of liquid fertilizer is 2,100 direct labor hours. Predetermined overhead rate is $5/direct labor hour. What is the total overhead variance?

Group of answer choices

$4,100 Favorable

$9,600 Favorable

$9,600 Unfavorable

No variance

$500 Unfavorable

$4,100 Unfavorable

$500 Favorable