Question 13 Partially correct Mark 0.58 out of 1.00 P 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 Direct materials 4 units of material A $2.00 per unit 1 unit of material B $3.00 per unit Direct labor 3 hours $8.00 per hour Activity for September Materials purchased Material A 3,400 units * $2.05 per unit Material B 800 units x 53.10 per unit Materials used Material A 3.050 units Material B 705 units Direct labor used 2,050 hours $8.30 per hour Production output 700 units There were no beginning direct materials inventories. Material B (a) Determine the materials price and quantity variances. Material A Materials price variance $ 0*U Materials quantity variance 500U 0 0 (b) Determine the labor rate and efficiency variances Laborrate variance $ OXU Labor efficiency variance OXF