Total Variance and your conclusions if the manager has met the budget, as claimed

Your father is the owner Of a savoury's factory. Due to the lockdown, you were not able to come to the campus for your MBA degree. Being the good child that you are you decided to help your father with your newly learnt concepts. In the month of December 2020, the production manager of your factory informed your father that the actual OH expenses for the month was Rs. 30,000 and that he had met the budgeted expenses for the month. Your father was very happy hearing this. However, you felt that the production manager was not giving your father the full information and you wanted to investigate the expenses. You found that the factory produced only 16,000 units in the month of December as your father had anticipated at the start of the month that we would be able to sell only this much. The overhead budget equation is v 10,000 + Lx, where L is the variable overhead per unit and x is the number of budgeted units of our product. The budgeted overhead absorption rate is Rs 1.5 per unit. [Hint: Budgeted OH Rate = Budgeted Overhead/No. of units budgeted] You decide to do the compute the following analysis to examine the fruth behind your manager's statement. 2. 3. 4. 5. 6. 7. 8. 9. Fixed OH Variable OH per unit Budgeted volume in units Budgeted OH @ budgeted Volume Actual OH Absorbed OH Budgeted OH @ Actual Volume OH Variance i) Volume Variance Spending Variance Total Variance and your conclusions if the manager has met the budget, as claimed