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Material A: 3 kilograms at R20 per kilogram
Material B: 5 kilograms at R15 per kilogram
Direct labour: 8 hours at R10 per hour
Fixed overheads: R120 000
Budgeted production: 9000 units
Actual results for February 2019 were as follows:
Material A: 32 500 kg at R22 per kilogram
Material B: 54 000 kg at R14 per kilogram
Direct labour: 88 000 hours at R12 per hour
Fixed overheads: R132 000
Production: 10 000 units
REQUIRED: Calculate the following
1.1.3 Fixed manufacturing overheads volume capacity variance (3)
1.1.4 Fixed manufacturing overheads volume efficiency variance (2
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