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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:

  1. Volume Variance

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