Find out the following Material Variances : (1) Material Cost Variance (ii) Material Price Variance (iii) Material Usage Variance (iv) Material Mix Variance (v) Material Yield Variance The information is as follows: Standard Actual Material Qty: Rate Amount Qty. Rate Kg Kg. X 120 5 600 112 5 560 Y 80 10 800 88 10 880 200 1,400 200 1.440 Less : 30% 60 50 (25%) Output 140 150 Amount