The following static budget is provided:

	Per Unit				Total
Sales	$	50			$	700,000
Less variable costs:
Manufacturing costs		20				280,000
Selling and administrative costs		10				140,000
Contribution margin	$	20			$	280,000
Less fixed costs:
Manufacturing costs						80,000
Selling and administrative costs						129,000
Total fixed costs						209,000
Net income					$	71,000

What will be the overall volume variance if 12,500 units are produced and sold?

Multiple Choice

$30,000 F

$15,000 F

$30,000 U

$75,000 U