2. Gerobok Sdn. Bhd. produces a multipurpose household product called Noxxa. The company uses standard manufacturing costs for control purposes and has established the following standard cost card: Direct material usage Direct labour hours Direct material price Direct labour rate Fixed overhead Variable overhead absorption rate 3 pieces per unit 3.5 hours per unit RM5 per piece RM6 per hour RM14 per unit RM3 per hour Both variable overhead costs and fixed overhead costs are applied on the basis of direct labour hours. The fixed overhead is estimated to an average of RM210,000 per month for a monthly planned production of 15,000 units and only can sell 14,800 units. The company estimated to sell the product at RM75 per unit. The actual result for the month of April 2019 show that the company produced 14,500 units and sold only 14,000 units at the selling price of RM80 per unit. The company purchased 45,000 pieces of direct material at a cost of RM315,000; however only 43,200 pieces was used. A total of 49,200 direct labour hours was spent at a rate of RM7.20 per hour. Variable overhead costs and fixed overhead costs incurred for April 2019 were RM146,300 and RM215,000 respectively. is favourable (F) or unfavourable (UF): Required to calculate the following variances, indicating whether each (a) Direct material price. (3 marks) (b) Direct material usage. (3 marks) (c) Direct labour rate. (3 marks) (d) Direct labour efficiency. (3 marks) (e) Variable overhead efficiency. (3 marks) (f) Fixed overhead efficiency. (3 marks) (g) Fixed overhead expenditure. (h) (3 marks) Briefly explain ONE (1) possible cause for variances in material price and usage variances. (4 marks)