Calculate the materials variances from the following data. (i) Material T: (ii) Material U: (iii) Material V:

Calculate the materials variances from the following data.

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(i) Material T: (ii) Material U: (iii) Material V: (iv) Material W: (v) Material X: Standard price per metre Standard usage per unit Actual price per metre Actual usage per unit Standard price per tonne Standard usage per unit Actual price per tonne Actual usage per unit Standard price per litre Standard usage per unit Actual price per litre Actual usage per unit Standard price per foot Standard usage per unit Actual price per foot Actual usage per unit Standard price per tonne Standard usage per unit Actual price per tonne Actual usage per unit £11 176 £11 171 metres £42 50 £45 50 £22 79 £22 £8 41 £10 41 metres litres 83 litres £29 tonnes tonnes metres metres 60 tonnes £30 60 tonnes