Required Information Use the following information for the Quick Study below. (Algo) [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 $ 28,275 $ 33,170 $ 2.10 per unit $ 11,400 11,400 units 10,700 units QS 8-16 (Algo) Volume varlance LO P4 Compute the volume variance and identify it as favorable or unfavorable. Volume variance Volume Variance