Gemini Chemicals Ltd. manufactures product 'M' by mixing 3 raw materials. The company has furnished the following particulars relating to standard cost per unit of the product during the month of June 2002 Materials Quantity Standard price per kg 3 kg Rs 28 3 kg Rs 30 2 kg Rs 35 Total 10 kg The standard input mix is 10 kg per unit and the standard output of the finished product is 9 kg The actual realis during the month are as follows Material A-2.600 kg at the rate of Rs 30 per kg Material B-1,600 kg at the or Rs 32 per kg Material C-800 kg at the rate of Rs.33 per kg Actual output of the finished product is 4,400 kg, What is the Material cost variance and Material price variance? 8,933 (A) and 6,800 (A)) 7.900(A) and 7,000 (A)