A company has a normal capacity of $120$ machines, working $8$

hours per day of $25$ days in a month. The fixed overheads are

budgeted at $1,44,000$ per month. The standard time required to

manufacture one unit of product is $4$ hours.

In April $2021,$ the company worked $24$ days of $840$ machine hours

per day and produced $5,305$ units of output. The actual fixed

overheads were $1,42,000.$

COMPUTE the following Fixed Overhead variance:

Total Fixed overhead variance

Expenditure variance

Volume variance

Efficiency variance

Capacity variance

Calendar variancep$1$