QUESTION 2 The standard cost and the actual result of the operation of Melati Sdn Bhd is presented as follows: Output Direct material Standard Actual 11,000 units 20,000 units A: 4 kg @ RM 1.20 kg 20,900kg @ RM 1.00kg B: 5 kg @ RM 1.50 kg 25,000kg @ RM 1.80kg 8 hours @ RM 20/ hour 40,900 hours @ RM 19/hour Direct labor You are required to CALCULATE: (1) Material price variance (ii) Material usage variance (iii) Material cost variance (iv) Labor rate variance (v) Labor efficiency variance (vi) Labor cost variance (vii) Total cost variance