Use the following data to calculate the variances in problems 15.

Standard Cost Profile

Lab Treatment SU #12

Expected Treatments = 1,000

Quantity Quantity Unit Variable Average Average

Resource Variable Fixed Cost Cost Fixed Cost Total Cost

Labor 0.80 0.80 $ 16.00 $ 12.80 $ 12.80 $ 25.60

Supplies 7.00 0 1.10 7.70 0 7.70

$ 20.50 $ 12.80 33.30

Actual Month Cost

Lab Treatment SU #12

Actual Treatments = 1,100

Quantity Unit Total

Resource Used Cost Cost

Labor 1,600 $ 17.00 $ 27,200

Supplies 7,500 1.00 7,500

$ 34,700

Calculate the following variances:

Efficiency Variance Labor