QUESTION TWO [30] 2.1 A standard quantity of 2 kilograms of material Z at a standard price of R4 per kilogram is allowed for the production of one unit of product Zeplin. The cost figures for the first quarter of 20.6 showed that 4400kg of material Z was purchased at R4,20 per kg. 2000 units of product Zeplin were produced using 4200kg of material Z. Required: In respect of material, calculate the following variances: 2.1.1 Purchase price variance (5) 2.1.2 Issue price variance 2.1.3 Quantity variance (5) 2.1.4 Total material variance for the 4200kg of material issued. (5) 2.2 To produce one unit of product Zeplin a standard quantity of 4 direct labour hours at a standard rate of R6 per hour is allowed. The wage records show that it took 2100 hours at R5,90 per hour to produce 500 units of product Zeplin. Required: Calculate the following labour variances: 2.2.1 Labour rate variance 2.2.2 Labour efficiency variance 2.2.3 Total labour variance (2)