Below are given the budget and actual figures for one week's production for A &L company BUDGET $ s Sales 8,000 units at $5 perut 40.000 8,000 3.600 4,000 Direct materials 8.000 kilos at $1 per kilo Direct labour 1.000 hours at $3.60 per hour Variable overheads 8,000 units at $0.50 per unit Fixed overheads 56,000 per week Profit ACTUAL 6,000 21,600 18.400 $ $ 31.200 16,000 15.200 Sales 6,000 units at $5.20 per unit Direct materials 7,500 kilos at $0.90 per kilo 6,750 Direct labour 900 hours at $3.50 per hour 3.150 Variable overheads 3,000 Fixed overheads 5.500 18,400 Less: closing stock (2.400) Profit Notes: (3) The budget anticipated 8,000 units to be produced and sold. (4) Actual production was 7.000 units of which 6,000 units were sold REQUIRED: Calculate the following variances: (a) sales price (b) sales volume (based on sales margin) (c) material price (d) material usage (e) labour rate ( labour efficiency (2) fixed overhead expenditure (h) fixed overhead volume