Following are the details of Exceed Battery Company for the period ended June 30, 2020.

Company established standard on its normal capacity of 120,000 units/ hours in a year:

Direct Material 600,000 kgs at Rs. 9 per kg

Direct Labor4 hours per unit at Rs. 6 per hour

Factory overhead:

Fixed costRs. 240,000 per year or Rs. 20,000 per month.

Variable Cost Rs. 4.50 per hour.

During the one month of operation, company produced 11,000 units.

Direct material used:60,500 kgs at Rs. 9.10 per kg

Direct labor used:41,250 hours at Rs. 268,125

Actual Variable Factory overheadRs. 55,000

Required:

Calculate the following variances:

a)Material quantity variance.

b)Material price variance.

c)Labor efficiency variance.

d)Labor rate variance.

e)Factory overhead controllable variance.

f)Factory overhead volume variance.