Pharoah Company budgeted the following cost standards for the current year: $12.00 Direct materials (2 kg of plastic at $6.00 per kilogram) Direct labour (2 hours at $11 per hour) Variable manufacturing overhead 22.00 10.50 Fixed manufacturing overhead 6.35 Total standard cost per unit $50.85 Actual costs for producing 2.700 units were as follows: 5.790 kg $38,570 Direct materials used Direct materials purchased (6,650 kg) Direct labour (6,900 hours) Variable manufacturing costs Fixed manufacturing costs $62,790 $32.900 $17.500 a. Calculate the material price variance for materials purchased. b.Calculate the material efficiency variance. c.Calculate the labour price variance. d.Calculate the labour efficiency variance