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solve the question Bebas Berhad manufactures Product ALPHA and it was sold in the market at the price of RM58 per unit. The standard cost

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Bebas Berhad manufactures Product ALPHA and it was sold in the market at the price of RM58 per unit. The standard cost card for product ALPHA is as follows: Direct materials 2k; x RM8.45lk_ Direct labor (1.4 dlh at RM16.00ldlh Variable overhead 1.4 dlh at RM2.50ldih Fixed overhead 1.4 dlh at RMBOIdlh Standard cost . r unit Bebas Berhad manufactured 30.000 units of product ALPHA in the year 2018. A total of 64,000 kg of material was purchased during the year at a cost of RM8.55 per kg. The company worked 43.500 direct labour hours during the year 2018 at a wage rate of RM15.80 per hour and there were no beginning and ending inventories for the raw material for the year. The overheads are applied to product on the basis of standard direct labour hours. Information relating to manufacturing overhead costs is given as follows: Bud _eted direct labour hours Bud _eted fixed overhead costs RM Actual variable overhead costs incurred RM 000 Actual xed overhead costs incurred Required: a. Calculate the direct material price and quantity variance for the year 2018. b. Calculate the direct labour rate and efciency variance for the year 2018. c. Calculate the variable overhead expenditure and efficiency variance for the year 2018. d. Calculate the fixed overhead expenditure and volume variance for the year 2018. e. The Managing Director stated that everyone in Bebas Berhad has done a good job in controlling costs throughout the year 2018 and he has agreed to give a bonus. Advice the Managing Director about his decision to give everyone a bonus for the year

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