QUESTION $4$ Cosmic Surfaces Corporation $("$Cosmic Surfaces"$)$ produces high$-$quality laminate countertops through a continuous manufacturing process, based on a standard costing system. The production process involves combining three essential raw materials $($Polymer Sheet Materia, Laminated Fiber and Fused Backing$)$ in a specialised machine to create slab$-$sized countertops. You were provided with the standard $-$ and actual information below for the financial month of June $2025$:Standard mix for one $(1)$ countertopActual mix for ten $(10)$ countertops. There were no opening stock and closing stock for the month of June $2025.$ REQUIRED: Calculate the following variances: $4\mathrm{.}1.$ The material cost variance $4\mathrm{.}2.$ The material price variance $4\mathrm{.}3.$ The material usage variance $4\mathrm{.}4.$ The material mix variance Round your answers to two decimal places where required.