Reference no: EM131922750

Question - The following information pertains to the standard costs and actual activity for Tyler Company for September:

Standard costs per unit - Direct materials 4 units of material A x $2.00 per unit 1 unit of material B x $3.00 per unit

Direct labor 3 hours x $8.00 per hour

Activity for September

Materials purchased

Material A 4,500 units x $2.05 per unit

Material B 1,100 units x $3.10 per unit

Materials used

Material A 4,150 units

Material B 1,005 units

Direct Labor used 2,950 hours x $8.20 per hour

Production output 1,000 units

There were no beginning direct materials inventories.

a. Determine the materials price and quantity variances.

b. Determine the labor rate and efficiency variances.