help me please

QUESTION 2 As the management accountant of the company, the management requests you to prepare the variance analysis on product Nero. For the month of April 2019, the budgeted production and sales of Nero are 20,000 units. The company plans to sell Nero at a price of RM60.00 per unit. The estimated direct material (Material A) purchased and used is 20,000 kgs at the price of RM20.00 per kilogram. Normally the direct labours work 30,000 hours per month and they are paid at a rate of RM10.00 per hour. The standard variable overhead and fixed overhead costs were RM9.00 and RM4.00 per unit respectively. It is the policy of the company to absorb variable overhead cost based on direct labour hours while fixed overhead is absorbed based on units produced. At the end of the month, the company identified that the actual production and sales were 22,000 units, while the actual selling price per unit was RM65.00. The additional data available for the month is as follows: Actual direct material purchased and used 25,000 kg @ RM550,000 Actual direct labour 30,000 hours @ RM240,000 Actual variable overhead costs RM240,000 Actual fixed overhead costs RM88,000 @ Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL AC/APR 2019/MAF251 Required: a. Prepare a standard cost card for a unit of Nero. (4 marks) b. Calculate the following variances: Direct material price and usage variance Direct labour rate and efficiency variance iii. Variable overhead expenditure and efficiency variance iv. Fixed overhead expenditure and volume variance V . Sales margin price and volume variance (14 marks) c. Prepare a statement reconciling the budgeted profit and the actual profit for the period. (3 marks) d. Give ONE (1) reason for each of the following variances: Adverse direct material usage variance ii. Favourable direct labour efficiency variance (2 marks) (Total: 23 marks)