Remembrance Incorporation managers relate overhead to direct labor hours for planning control and product costing purposes. The original budget is based on budgeted production of 30,000 units in 6000 standard direct labor hours. Actual production of 32400 units required 6750 actual direct labor hours. Static Budget Actual Costs Variable Overhead $45,000 $50,700 Fixed Overhead $54,000 $56,400 What is the production volume variance? $4000 Favorable $4300 Unfavorable $4320 Favorable $4400 Unfavorable