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The following data is given for the Bahia Company: Budgeted production (at 100% of normal capacity) 1,011 units Actual production 901 units Materials: Standard price

The following data is given for the Bahia Company:

Budgeted production (at 100% of normal capacity) 1,011 units
Actual production 901 units
Materials:
Standard price per pound $1.94
Standard pounds per completed unit 10
Actual pounds purchased and used in production 8,740
Actual price paid for materials $17,917
Labor:
Standard hourly labor rate $14.90 per hour
Standard hours allowed per completed unit 4.7
Actual labor hours worked 4,640.15
Actual total labor costs $70,762
Overhead:
Actual and budgeted fixed overhead $1,081,000
Standard variable overhead rate $24.00 per standard labor hour
Actual variable overhead costs $129,924
Overhead is applied on standard labor hours.

Round your final answer to the nearest dollar. Do not round interim calculations.

The fixed factory overhead volume variance is

$117,616 unfavorable

$117,616 favorable

$28,291 unfavorable

$28,291 favorable

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