Question The management of Martell Corporation are concern with the general performance of the company since commencing year 2023 operations. Although the business is having an increased in demand of products, the internal dally production had signalled some adverse concems. The board of director had set up a committee lead by you as the management accountant to conduct some imvestigation. The following information is the performance of the company recorded for second quarter of the year 2023 . (ii) Variable overhead cost budgeted is RM6.50 per units in which it is absorbed based on the direct labour hours. Production is expected to utilize 32,500 direct labour hours. Annual foved overheads are projected to incur evenly at the cost of RM300,800. The fixed overheads are absorbed based on each unit of product produced. (iv) The sales team forecasted that the demand of 10,000 units of product is expected for second quarter 2023. Required: Raw materials were purchased from different suppliers that is Homhill Enterprise as the they manage to offer a competitive price for the materials supplied. A total of 192,600 units was used in production during the period. Production of the product passes through three processes designated at three different department. All of the labour involves were paid at the same rate. Total direct labour incurred was 37,450 hours. Other variables cost in the production include production cwerhead, cost of storage and administrative cost. Included in the foxed cost amount is an increase of unavoidable cost of RM600. Additional information: (i) Based on the operational budget presented at the start of 2023, the total materials to be used at every quarter is 150,000 units at the price of RM6.20 per units. The materials are to be purchased from local suppliors. (ii) The workers employ for the production consist of 75% permanent labour and the remaining are contract workers. All labour were paid at the same rate of RM8.50 per hour. 1. Required to calculate the following variance and determine whether the outcome is Adverse (A) or Favourable (F): (a) Direct material price and usage variance. (b) Direct labour rate and efficiency variance. (c) Variable overhead expenditure and efficiency variance. (d) Fixed overhead expenditure variance