b. Gamma World is a manufacturing company that produces a tracking device called Glumin. The company uses a standard costing system for controlling cost. The company's financial controller, Miss Nur has established the following standard cost for one unit of Glumin. RM Raw materials (3 kg) 36.00 Direct labour (4 hours) Variable overhead 40.00 16.00 For the month of June 2019, production is expected to be 7,500 units. Budgeted fixed overhead costs are RM99,750 per month. Fixed overhead costs are absorbed based on units produced and variable overhead costs are absorbed based on direct labour hours. During June 2019, the actual production was 6,600 units and 22,300 kg of direct materials were purchased at RM270,945. Direct labour hours worked during the month were 26,000 hours at the rate of RM9.00 per hour. Variable manufacturing overhead costs incurred during the month were RM95,860 and fixed manufacturing cost incurred was RM92,320. Required: Calculate the following variances: Direct Material Price Direct Material Usage ii. iv. V. vi. vil. vili. Direct Labour Rate Direct Labour Efficiency Variable Overhead Expenditure Variable Overhead Efficiency Fixed Overhead Expenditure Fixed Overhead Volume