Question 5: The following information was compiled by Gidget Incorporated: Expected volume of production 50,000 units Actual volume of production 47,000 units Budgeted fixed overhead costs (for 50,000 budgeted units) $200,000 Actual fixed overhead costs $220,000 Actual variable overhead costs $790,000 Budgeted variable overhead costs (for 50,000 budgeted units) $855,000 The cost-allocation base for overhead costs is in units of production. What is the production volume variance? Be sure to label it favorable or unfavorable.