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 $ 28,275 $ 33,170 $ 2.10 per un $ 11,400 11,400 units 10,700 units QS 8-16 (Algo) Volume varlance LO P4 Compute the volume variance and identify it as favorable or unfavorable. X Answer is complete but not entirely correct. Volume Variance Budgeted (flexible) overhead Standard overhead applied Volume variance $ 45,270 X 33,170 (700) Unfavorable