Use the information provided below to calculate the following variances. In each case state whether the variance is favourable or unfavourable. 5.1 Materials issue price variance 5.2 Materials quantity variance 5.3 Total labour variance (without calculating the labour rate and labour efficiency variance) 5.4 Variable overheads efficiency variance 5.5 Variable overheads expenditure variance 5.6 Fixed overheads volume variance 5.7 Sales price variance Standard manufacturing costs per unit: Direct materials Direct labour Variable overheads Actual data Production and sales Selling price Direct materials 10 000 units R600 per unit R540 000 INFORMATION Zebcom Manufacturers makes and sells a single product. The company operates a standard costing system. Details of the budgeted and actual data for 2022 are as follows: Budgeted data Production and sales Standard selling price Fixed manufacturing overheads 8 kg at a cost of R240 per unit 2 hours at a cost of R60 per unit 2 hours at R15 per direct labour hour (3 marks) (3 marks) 9 000 units R630 83 000 kg @ R33 per kg (3 marks) (3 marks) (3 marks) (3 marks) (2 marks)