Question 5 The Perry Corporation recorded the following budgeted and actual information relating to fixed overhead costs for its Z-Line of products: Standard fixed overhead per direct labor hour Standard direct labor hours per unit Budgeted production Budgeted fixed overhead costs $4,50 0.25 3,250 $3,656.25 Actual production in units Actual fixed overhead costs incurred 3,400 $2,900 What is Perry's fixed manufacturing overhead volume variance? $756.25 unfavorable $756.25 favorable $168.75 unfavorable $168.75 favorable