GM manufacturing company prepared following estimates for the year 2002. Fixed factory overhead Rs. 450,000 Variable Factory overhead Rs. 600,000 Direct labor hours 200,000 Actual results for the year 2002 were as follow: Fixed factory overhead Rs. 450,000 Variable Factory overhead Rs. 680,000 Direct labor hours 220,000 Required: calculate the followings: 1. Total variance 2. Capacity Variance 3. Budget Variance