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irect materials and direct labor variance analysis roduction week is as follows:

Standard number of lbs$.$ of brass

Standard price per $lb.$ of brass

Standard wage per hr$.$

Standard labor time per faucet

Actual price per lb$.$ of brass

Actual lbs$.$ of brass used during the week

Number of faucets produced during the week

Actual wage per hr$.$

Actual hrs$,$ for the week $(30$ employees $40$ hours$)$

Required:

a$.$ Determine the standard cost per unit for direct materials and direct labor. Round the cost per unit to two decimal places.

Direct materials standard cost per unit

Direct labor standard cost per unit

$

Total standard cost per unit minus sign and an unfavorable variance as a positive number.

Direct Materials Price Variance

Direct Materials Quantity Variance

Total Direct Materials Cost Variance

$

$1\mathrm{.}7lbs.$

$$10\mathrm{.}75$

$$11\mathrm{.}40$

$20$min.

$$11\mathrm{.}00$

$15,759$ lbs$.$

$9,000$

$$11\mathrm{.}74$

$1,200$

Required: unfavorable variance as a positive number.

Direct Labor Rate Variance

Direct Labor Time Variance

Total Direct Labor Cost Variance