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Use the following data to calculate the variances Standard Cost Profile Lab Treatment SU #12 Expected Treatments = 1,000 QuantityQuantityUnitVariableAverage Average Resource Variable Fixed Cost
Use the following data to calculate the variances
Standard Cost Profile
Lab Treatment SU #12
Expected Treatments = 1,000
QuantityQuantityUnitVariableAverage Average
ResourceVariableFixedCost CostFixed CostTotal Cost
Labor0.800.80$ 16.00$ 12.80$ 12.80$ 25.60
Supplies7.0001.107.7007.70
$ 20.50$12.8033.30
Actual Month Cost
Lab Treatment SU #12
Actual Treatments = 1,100
QuantityUnitTotal
ResourceUsedCostCost
Labor1,600$ 17.00$ 27,200
Supplies7,500 1.007,500
$ 34,700
Calculate the following variances:
- Volume Variance
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