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Bonito Designs Ltd. a manufacturing concern produces a product called Zedex. The company uses standard costing and is furnishing the following information for the month ending March 31, 2021: The standard mix to produce one unit of its product Zedex and the actual production & consumption are as under- Standard for 1 unit Actual production Material A 30kg @ Rs. 30 per kg 320kg @ Rs. 35 per kg Material B 40kg @ Rs. 50 per kg 475kg @ Rs. 55 per kg Material C 50kg @ Rs. 40 per kg 435kg @ Rs. 36 per kg During the month of March 2021, 10 units of product Zedex were actually produced. Required: Calculate the following Material Variances: (i) Material Cost Variance (ii) Material Price Variance (iii) Material Usage Variance (iv) Material Mix Variance (v) Material Yield Variance