! Ch 21: Homework Assignment (Graded) [The following information applies to the questions displayed below.] AirPro Corporation reports the following for this period. Actual total overhead Standard overhead applied Budgeted (flexible) variable overhead rate Budgeted fixed overhead Predicted activity level Actual activity level $ 28,975 $ 31,620 $ 2.10 per unit $ 11,500 11,500 units 10,200 units Compute the volume variance and identify it as favorable or unfavorable. Standard overhead applied Budgeted (flexible) overhead Volume variance Volume Variance $ 31,620 Unfavorable