The following information is available for Baxter Manufacturing for April Actual machine hours Standard machine hours allowed Denominator activity (machine hours) Actual fixed overhead costs Budgeted fixed overhead costs Predetermined overhead rate ($1 variable + $4 fixed) 1,010 1,070 1,020 $7,200 $4,080 $ 5 Is the production volume variance for April favorable or unfavorable? Multiple Choice Unfavorable Favorable