Q4: The standard mix of product X is as follows: Materials Weight (kgs) Price per Kg (in Rs.) R 5 5 S 2 4 T 3 10 The standard loss in production is 10% of input. The is no scrap value. Actual production for the month was 724kgs of X from 80 mixes. Actual purchase and consumption of materials during the month were: Materials Weight (kgs) Price per Kg (in Rs.) R 416 5.50 S 168 3.75 T 256 9.50 Calculate material variances