XYZ Co.s records reveal the following data for the month of June. You are required to calculate
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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.
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