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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.
\table[[Standard cost per unit:,],[Direct materials,3.00 units of material A$8.00 per unit],[Direct labor,2.00 units of material B$4.00 per unit],[Activity for September:,2.00 hours $15.00 per hour],[Materials purchased and used,],[Material A,6,430 units $.80 per unit],[Material B,3,950 units $4.50 per unit],[Direct labor used,4,100 hours 15.50 per hour],[Production output,2,000 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.
\table[[Material A:],[Materials price variance,$4,
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