Regent, Inc. uses the following standard to produce a single unit of its product overhead $9 (3 hrs. a $3/hr.). The flexible budget for overhead is $110,000 plus $1.50 per direct labor hour. Actual data for the month show overhead costs of $160,000, and 19,500 units produced. The overhead volume variance is: Multiple Choice $89,000 unfavorable. O $66,750 favorable O $8.250 unfavorable $22.250 unfavorable $6.750 favorable