Direct Materials 5 kg at a cost of R10 per kg Direct labour 3 hours at a cost of R10 per hour Variable overheads 3 hours at a cost of R3 per direct labour hour Fixed production overheads R 320 000 Standard selling price R 125 Production and sales 12 000 units Actual Data Direct Materials 62 000 kg at a cost of R10.50 per kg Direct labour 38 000 hours at a cost of R9 per hour Variable overheads R 115 000 Fixed production overheads R 325 000 Selling price R 127 Production and sales 13 000 units REQUIRED: Use the information provided above to calculate the following: 4.1 Materials price variance (2) 4.2 Materials quantity variance (2) 4.3 Labour rate variance (3) 4.4 Labour efficiency variance ( 3 ) 4.5 Variable overheads expenditure variance (3 ) 4.6 Variable overheads efficiency variance (3) 4.7 Fixed overheads expenditure variance ( 3 ) 4.8 Fixed overheads volume variance (4) 4.9 Sales price variance