$1\mathrm{.}4$

REQUIRED

Use the information provided below to calculato the folowing manufacturng overheads variances. In each case stse whether the variance is favourable or unfavouratio.

$1\mathrm{.}4\mathrm{.}1$ Fied oreheass volume varianco

$(3$ marks$)$

$1\mathrm{.}4\mathrm{.}2$ Fixed overtesds expendture variance

$(2$ marks$)$

INFORMATION

Vivo Manulacturers provided the following informaton for March $2024$ for the only produt that it manafactures:

$\backslash$table$[[$Budguted figures:,$],[$Fased manulacturng overheads,R$576000],[$Labour hours,$48000],[$Expected production,$6000$ urits$]]$

$\backslash$table$[[$Actual results:$],[$Fund manifactuing overheads,R$598560],[$Labour hours worked,$51600],[$Actual production,$6400$ units$]]$