XYZ Co.’s records reveal the following data for the month of June. You are required to calculate all the fi xedoverhead variances for the month of June:

Budgeted output: 1,000 no’s.

Actual output: 700 no’s.

Budgeted fi xed overhead: Rs. 4,000.

Actual fi xed overhead: Rs. 3,500.

Standard hours per unit: 2.

Hours available during June: 500.

Actual hours worked: 450.