Computation of Variable Cost Variances The following information pertains to the standard costs and actual activity for Tyler Company for September:

QUESTION6 Partially correct Mark 10.00 out of 12.00 Flag question Computation of Variable Cost Variances The following information pertains to the standard costs and actual activity for Tyler Company for September: Standard cost per unit 4units of material A x $2.00 per unit 1 unit of material Bx $3.00 per unit 3 hours x $8.00 per hour Direct materials Direct labor Activity for September Materials purchased Material A Material E Materials used Material A Material E Direct labor used Production output 2,600 units x $2.05 per unit 700 units x $3.10 per unit 2,250 units 605 units 1,480 hours x $8.30 per hour 500 units There were no beginning direct materials inventories (a) Determine the materials price and quantity variances. Do not round final answers. Material A Material B Materials price variance$ (130) U 70U Materials quantity variance 500 315 U