Waterway Industries uses flexible budgets. At normal capacity of 22000 units, budgeted manufacturing overhead is: $88000 variable and $200000 fixed. If Waterway had actual overhead costs of $293200 for 24000 units produced, what is the difference between actual and budgeted costs? $8400 unfavorable O $2800 favorable. Crane's standard quantities for 1 unit of product include 4 pounds of materials and 1.5 labor hours. 1 is $8 per direct labor hour. The total standard cost of Crane's product is O $30.50. 0 $20.00. O $22.50