QUESTION 5 (20 Marks) Information: A standard quantity of 2kg of material X at a standard price of R4 per kg is allowed for the production of one unit of product Messi. The cost figures for the first quarter of 2020 showed that 4 400 kg of material X was purchased at R4.10 per kg. 2000 units of product Messi were produced using 4 200 kg of material X. (5 marks) Required: In respect of material, calculate and briefly comment on the following variances: 5.1 Material Purchase price variance. 5.2 Material Issue price variance. 5.3 Material Quantity variance. 5.4 Total material variance for the 4 200 kg of material issued