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Sulso QUESTION 4 lor - 20 a) Tuna Bread is one of the products of Bread Boutique. The following standard cost and a bu 100,000

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Sulso QUESTION 4 lor - 20 a) Tuna Bread is one of the products of Bread Boutique. The following standard cost and a bu 100,000 units for production and sales for Period 3 relates to the product (0.05kg @ GH100 per kg) GH 5.00 (0.5hours @ GH24 per hour) 12.00 (0.5 hours @ GH18 per hour) 9.00 Direct material Direct labour Variable overhead 110,000 units Actual results for Period 3 were as follows: Production Direct materials 5,700kg @ GH105 per kg Direct wages 54,000 hours @ GH20 per hour Variable overheads GHc860,000 28560 1 mal Required: Compute and explain the following variances: i) Material price variance ii) Material usage variance SP-APA. O 2850 iii) Labour rate variance (SR-AR) XAH. 1-Geo F 216000 F 1 ma v) Variable overhead expenditure variance Ani 454500 A (SR-AQ) X S.P iv) Labour efficiency variance (SH - AH)*SR. 1 mal 1 ma mal Budset of

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