1.

Tamarisk Company has determined that the standard cost to manufacture its product includes 2 units of direct materials at $6.00 per unit. During January, the company purchased 51,200 units of direct materials at a cost of $5.90 per unit and used 51,200 units of direct materials to produce 23,900 units of its product. Calculate the total materials variance, and the price and quantity variances. Materials Variance $ 1} 4b LzJ '\\_.___x' Materials Price Variance $ .40. \\_.._.=J Materials Quantity Variance $ Bridgeport Company's standard labour cost per unit of output is $23 (2 hours x $11.30 per hour). During August, the company incurs 2,550 hours of direct labour at an hourly cost of $11.10 per hour in making 1,200 units of finished product. Calculate the total, price, and quantity labour variances. (Round per unit calculations to 2 decimal places, e.g. 1.25 and final answers to 0 decimal places, e.g. 125.) Total labour variance tA Labour price variance $ Labour quantity variance to