Trini Company set the following standard costs per unit for its single product Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% of the company's capacity of 50,000 units per quarter. The following additional information is available. During the current quarter, the company operated at 90% of capacity and produced 45,000 units; actual direct labor totaled 266,000 hours. Units produced were assigned the following standard costs. \begin{tabular}{|l|c|} \hline \multicolumn{2}{|c|}{ Volume variance } \\ \hline Budgeted total overhead & $4,800,000 \\ \hline Standard overhead applied & \\ \hline Volume variance & \\ \hline \end{tabular}