Vaughn Manufacturing uses flexible budgets. At normal capacity of 16000 units, budgeted manufacturing overhead is: $56960 for variable costs and $270000 for fixed costs. If Vaughn Manufacturing had actual overhead costs of $368000 for 28000 units produced, what is the difference between actual and budgeted costs? (do not round intermediate calculation.)

$5040 unfavorable

$1680 unfavorable

$6720 favorable

$1680 favorable