1.2 REQUIRED Use the information provided below to calculate the following. Where applicable round off percentages to two decimal places and amounts to the nearest Rand. 1.2.1 Cost variance (3 marks) 1.2.2 Cost variance % (3 marks) 1.2.3 Schedule variance (3 marks) 1.2.4 Schedule variance % (3 marks) INFORMATION The following information is available for Project Z: Planned Value = R264 000 Earned Value = R330 000 Actual Costs = R300 000