The fixed factory overhead volume variance is

The following data is given for the Bahia Company: Budgeted production (at 100% of normal capacity) Actual production Materials: 1,030 units 910 units $1.89 12 10,592 $21,714 Standard price per pound Standard pounds per completed unit Actual pounds purchased and used in production Actual price paid for materials Labor: Standard hourly labor rate Standard hours allowed per completed unit Actual labor hours worked Actual total labor costs Overhead: Actual and budgeted fixed overhead Standard variable overhead rate $14.02 per hour 4.4 4,686.5 $71,469 $1,150,000 $27.00 per standard labor hour Actual variable overhead costs Overhead is applied on standard labor hours. $131,222