The following information is available for the Danske Company: Denominator hours for May Actual hours worked during May Standard hours allowed for May Flexible budget fixed overhead cost 18,500 19,600 14,800 $115,000 Actual fixed overhead costs for May $118,000 Danske Company had total underapplied overhead of $17,800. Additional information is as follows: Variable Overhead: Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours Fixed overhead: $70,000 40,800 Applied based on standard direct labor hours allowed Budgeted based on standard direct labor hours $58,000 29,800 Is the production volume variance favorable or unfavorable