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.Standard overhead applied

Budgeted $($flexible$)$ variable overhead rate

Budgeted fixed overhead

Predicted activity level

Actual activity level

$ $28,775$

$$30,690$

$$2\mathrm{.}10$ per unit

$ $12,500$

$12,500$ units

$9,900$ unitsQS $21-16($Algo$)$ Volume variance LO P$4$

Compute the volume variance and identify it as favorable or unfavorable.