Neelopak Berhad prepared the standard cost data for one of their products. Direct Labour (0.65 hours @ RM11) RM7.15 Direct Materials (5 meters @ RM5) RM25 Variable Overhead (0.65 hours @ RM7) RM4.55...

Neelopak Berhad prepared the standard cost data for one of their products.
Direct Labour (0.65 hours @ RM11) RM7.15
Direct Materials (5 meters @ RM5) RM25
Variable Overhead (0.65 hours @ RM7) RM4.55
Fixed Overhead (0.65 hours @ RM3) RM1.95
Standard cost per unit RM38.65
There is the actual cost data information:
Production 7,500 unit
Direct materials used (23500 meter) RM124,550
Direct materials purchasing (24,000 meter) RM132,000
Direct labor (3000 hours) RM34,500
Variable overhead RM21,600
Fixed overhead RM7,800
Budgeted activities are 2,600 hours.
You are required to calculate:
vii) Variance of fixed overhead expenses
viii) Variance of fixed overhead volume