Hi good morning tutor. I need your help on this question. I'm stuck with this. Please help me to clear and explain the answer step by step. The subject is : Business accounting

Question 4 (A) The standard cost of making one unit of Product K is as follows: Direct materials : 5 kgs at RM1.30 per kg Direct labour : 6 hours at RM2.10 per hour The actual results for the month of December 2020 are as follows: Production units : 34,000 units Direct materials : 1 10,000 kgs at a total cost of RM101,000 Direct labour : 125,300 hours at a total cost of RM230,000 Required: Calculate the following variances: (i) Material price; (ii) Material usage; (iii) Material total; (iv) Direct labour rate; (v) Direct labour efficiency; (vi) Direct labour total. (12 marks) This question paper consists of 4 questions on 6 printed pages. 6 ABFA3044 BUSINESS ACCOUNTING Question 4 (Continued) (B) On 1 January 2020, Game Bhd (Game) acquired 100% of the equity shares of Stop Sdn. Bhd. (Stop) for a purchase consideration of RM750,000. At the date of acquisition, Stop has the following assets and liabilities: RM Land and building 360,000 Motor vehicles 23,450 Bank 100,000 Trade payables 50,000 Trade receivables 30,000 Long-term loan 70,000 On 1 January 2020, the net book value of Stop's assets and liabilities were equal to their fair values except for the land and building which has a fair value of RM500,000. As at 31 December 2020, an impairment review showed that the goodwill amount for Stop should be written down to RM200,000. Required: (a) Determine the value of the impairment of goodwill of Stop Sdn. Bhd. that should be recognised as at 31 December 2020. (5 marks) (b) Explain the accounting treatment for the above goodwill. (8 marks) [Total: 25 marks]