The following details were extracted from the standard cost card of a component: R$$w materials: $2\mathrm{.}82$Kgs @ $ $4\mathrm{.}80$per Kg Direct labour: $6\mathrm{.}5$ hrs @ $ $3\mathrm{.}75$ AND $3\mathrm{.}85$ HRS @ $4\mathrm{.}25$ per hour During the period, actual results were as follows: Production$-1,100$ components. Direct material purchase and usage$-3200$ Kgs at a cost of $ $15100.$ Wage Paid: $(7120$ hrs $)$ $ $27,056$ AND $(4235$ HRS$)$ $$18210.$ CALCULATE What Variance HAVE ARISEN?