O Required information Use the following information for the Quick Study below. (Algo) (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 $ 28,825 $ 31,000 $ 2.10 per unit $ 11, 100 11, 100 units 10,000 units QS 23-16 (Algo) Volume variance LO P4 Compute the volume variance and identify it as favorable or unfavorable. Volume Variance Volume variance