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Computation of Variable Cost Variances The following information pertains to the standard costs and actual activity for Repine Company for September. table [ [
Computation of Variable Cost Variances
The following information pertains to the standard costs and actual activity for Repine Company for September.
tableStandard cost per unit:,Direct materials, units of material $ per unitDirect labor, units of material $ per unitActivity for September:, hours $ per hourMaterials purchased and used,Material units $ per unitMaterial units $ per unitDirect labor used, hours per hourProduction output, units
There were no beginning direct materials inventories.
REQUIRED
a Determine the materials price and quantity variances.
Note: Do not use negative signs with your answers.
tableMaterial A:Materials price variance,$
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