Required information

$[$The following information applies to the questions displayed below.$]$

AirPro Corporation reports the following for this period.

Actual total overhead

Standard overhead applied Budgeted $($flexible$)$ variable overhead rate

Budgeted fixed overhead

Predicted activity level

Actual activity level

$$28,875$

$$33,480$

$$2\mathrm{.}10$ per unit

$$11,700$

$11,700$ units

$10,800$ units

Compute the volume variance and identify it as favorable or unfavorable.

$\backslash$table$[[$Budgeted $($flexible$)$ overhead$],[$Standard overhead applied$],[$Volume variance$]]$