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QUESTION 4 Not complete Points out of 1.00 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 4 units of material A x $2.00 per unit Direct materials 1 unit of material B x $3.00 per unit Direct labor 3 hours x $8.00 per hour Activity for September Materials purchased 2,600 units x $2.05 per unit Material A Material B 700 units x $3.10 per unit Materials used Material A 2,250 units Material B 605 units Direct labor used 1,440 hours x $8.40 per hour Production output 500 units There were no beginning direct materials inventories. (a) Determine the materials price and quantity variances. Material A Material B s U Materials price variance Materials quantity variance (b) Determine the labor rate and efficiency variances. Labor rate variance Labor efficiency variance Check