Required Information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed belowj 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 $ 28,975 $ 32,868 $ 2.19 per unit 11,300 11,300 units 10,600 units QS 8-16 (Algo) Volume varlance LO P4 Compute the volume variance and identify it as favorable or unfavorable. Answer is complete but not entirely correct. 10,600 Volume Variance Budgeted (flexible) overhead $ Standard overhead applied Volume variance $ 11,300 (700) Unfavorable