Question Completion Status: Mandla Limited operates a standard costing system. Standard inform departments, is given below: Sales units Selling price per unit Direct material Direct labour Variable overheads Fixed overhead rate 1 000 R750 R80 R400 2kg @ R40 per kg 4 hours @ R100 4 hours @ R20 4 hours @ R20 R80 R80 Actual information is as follows: Sales units Selling price per unit Direct material Direct labour Variable overheads Fixed overhead rate Required: Calculate the following variances (Note: show ALL calculations and i The sales price variance il. The sales volume variance ii. The direct material price variance iv. The direct material usage variance V. The direct labour rate variance TT a Ad Question Completion Status: Mandla Limited operates a standard costing system. Standard inform departments, is given below: Sales units Selling price per unit Direct material Direct labour Variable overheads Fixed overhead rate 1 000 R750 R80 R400 2kg @ R40 per kg 4 hours @ R100 4 hours @ R20 4 hours @ R20 R80 R80 Actual information is as follows: Sales units Selling price per unit Direct material Direct labour Variable overheads Fixed overhead rate Required: Calculate the following variances (Note: show ALL calculations and i The sales price variance il. The sales volume variance ii. The direct material price variance iv. The direct material usage variance V. The direct labour rate variance TT a Ad