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QUESTION 6 (8 marks) Given the following information: Budget Units produced 10,000 Materials (kg) Direct Labour (Hours) 35,000 Material Costs $8,000 Direct Labour Costs $385,000 Variable Overhead Costs $350,000 Fixed Overhead Costs $160,000 Actual 9,500 (405 32,300 (400 Other Information Overhead is Allocated on Direct Labour Hours During the year, paid $9,000 for 500 kg V oo Beginning Inventory: none Ending Inventory: 95kg zoo $365,750 $340,000 $161,000 Required: Calculate the following variances. Answer in the boxes provided. A. Material Rate E. Material Efficiency T500 B. Labour Price F. Labour Efficiency C. Variable Overhead Rate G. Variable Overhead Efficiency D. Fixed Overhead Rate H. Fixed Overhead Production Volume