10.00 12.000 11. 21 Nequired: Dermine the standard cost per unit for direct material direct labor Round your answers to the nearest cent. Direct materials standard cost perfect Direct labor standardit perut 1.00 3.60 Total cost per face 4.60 b. Determine the price variance and total direct contain Enter a favorable variance as a native agunt, and an unfavorable vertence as a positivement Die waren -1.330 Unfavorable Quatty varande Unfavorable Total con variante -13.000 Unfavorable Diether and into Enter a favorable active amount and a favorable variances -1.620 Unisvorable Favorable Direct Materials and Direct Labor Variance Analysis Faucet Industries Inc, manufactures faucets in a small manufacturing facility. The faucets are ma Standard wage per hour $18.00 Standard labor time per faucet 12 min. Standard number of lbs. of zinc 0.80 I. Standard price per lb. of zinc $1.25 Actual price per lb. of zinc $1.40 Actual lbs. of zinc used during the week Number of faucets produced during the week 10.200 lbs. 12.000 Actual wage per hour $18.75 Actual hours per week 2.160 hrs. a. Determine the standard cost per unit for direct materials and direct labor Round your answers to the nearest cent. Direct materials standard cost per faucet 1.00 Direct labor standard cost per faucet 3.60 Total cost per faucet ho 4.60 b. Determine the price variance, quantity variance, and total direct materials contes. Enter a favorable variance as a negative amount, and an unfavorabile variance Price variance -1,530 Unfavorable Quantity variance Unfavorable Total direct material cost anance -13.080 Unfavorable c. Decermine the nate variance, time variance and total direct labor cost variance Enter a favorable variance as a negative amount and an unfavorable variance as a pasi Rate variance -1,620 Unfavorable Timaria Favorable Total direct labor cost variance Favorable a. Determine the standard cost per unit for direct materials and direct labor. Round your answers to the nearest cent. Direct materials standard cost per faucet 1.00 Direct labor standard cost per faucet 3.60 Total cost per faucet 4.60 b. Determine the price variance, quantity variance, and total direct materials cost variance. Enter a favorable variance as an Price variance -1,530 Unfavorable Quantity variance Unfavorable Total direct materials cost variance 13,080 Unfavorable c. Determine the rate variance, time variance, and total direct labor cost variance. Enter a favorable variance as a negative ar Rate variance -1.620 Unfavorable Time variance Favorable Total direct labor cost variance Favorable
