From the following information extracted from the books of a manufacturing company, calculate Fixed and Variable Overhead Variances.
|
Particulars |
Budgeted |
Actual |
|
Production – Units |
22, 000 |
24, 000 |
|
Fixed Overheads |
Rs.44, 000 |
Rs.49, 000 |
|
Variable Overheads |
Rs.33, 000 |
Rs.39, 000 |
|
Number of Days |
25 |
26 |
|
Number of man hours |
25, 000 |
27, 000 |