Question completion Status QUESTION 1 Sea Eagle is a kayak manufacturer. For July 2021, Sea Eagle had the following standard costs for manufacturing one kayak Direct materials Standards per kayak 4 kilograms of material at $10 per kilogram 0.5 hour of labour at $18 per hour Direct manufacturing labour The following data were compiled through the accounting system regarding actual performance in July 2021: 5,000 kayaks 18,000 kilograms $11 Actual output units produced Kilograms of direct materials purchased Direct materials purchase price per kilogram Kilograms of direct materials used Direct manufacturing labour costs Actual hours of labour used 16,000 kilograms $36,900 1,800 hours Labour rate per hour $20.50 Required: Glaulate the following wariancac 112 marvel Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save Required: a. Calculate the following variances i. Direct material price variance ii. Direct material efficiency variance iii. Direct labour rate variance iv. Direct labour efficiency variance b. Give one possible explanation for each type of the variance you calculated. DIE StivoSWOTOFO Osch