Computing Materials and Labor VariancesComputation of Variable Cost Variances

The following information pertains to the standard costs and actual activity for Repine Company for September.

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.

$\backslash$table$[[$Material B:$],[$Materials price variance $$(98,750)U,$widehat$(U)$

were no beginning or ending materials inventories.

REQUIRED

a$.$ Compute the material price variance and the material quantity variance.

Note: Enter your answers as positive numbers.

b$.$ Compute the labor rate, labor efficiency, and total labor variance.

Note: Enter your answers as positive numbers.