Following information is available from the records of a company:
|
|
Budget |
Actual |
|
Fixed Overhead for March (Rs.) |
10,000 |
12,000 |
|
Production in March (units) |
2,000 |
2,100 |
|
Standard Time per unit (hours) |
10 |
– |
|
Actual hours worked in March |
– |
22,000 |
Compute: (i) FOCV; (ii) Exp.V; (iii) Vol.V; (iv) Cap.V; (v) Eff.V.