Required Information [The following Information applies to the questions displayed below.] Manuel Company predicts It will operate at 80% of its productive capacity. Its overhead allocation base is DLH and its standard amount per allocation base is 0.5 DLH per unit. The company reports the following for this period. Production (in units) Overhead Variable overhead Fixed overhead Total overhead Flexible Budget at 80% Actual Capacity 52,500 $ 288,750 52,500 Results 48,000 $ 341,250 $ 338,000 (1) Compute the overhead volume variance. Indicate variance as favorable or unfavorable.