2. Fill in the blanks:

(a) Variance analysis involves ------------- and ------------- of variances.

(b) Variance is the difference between standard performance and

------------- performance.

(c) Gang Composition variance is a sub-variance of ------------- variance.

(d) Revision variance is the difference between standard costing and

-------------.

(e) Material cost variance is divided into ------------- variance and

------------- variance.

(f) Overheads cost variance can be classified into ------------- overheads cost variance and ------------- overhead cost variance.
(g) Calender variance arises because of extra or less number of working days than -
----------.
(h) Sales value variance is the difference between ------------- sales and -------------
sales.