Following information of the manufacturing unit is made available to you for the month of July 1996. BUDGET DATA Units 1000 3 kg per unit @ Rs. 20 Per kg 2 hours Material used Labour per unit Labour rate per hour Rs.10.00 FACTORY OVERHEADS: Fixed Rs. 10,000 Rs. 20,000 Variable ACTUAL PERFORMANCE: 900 2750 kg at Rs. 22 per kg 1850 hours at Rs. II per hour Rs. 26900 Units completed Materials used Labour hours worked FOH incurred Required: Compute Two Variance for each of the following items: (a) Materials (b) Labour (c) Factory overheads