A manufacturer operating a standard costing system has the following data for a month: Standard Actual Number

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A manufacturer operating a standard costing system has the following data for a month:

Standard Actual Number of working days 25 27 Manhours per month 5,000 5,400 Output in units 500 525 Fixed overheads (Rs) 2,500 2,400 Calculate fixed overhead variances for the month.

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