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Con NOW2 Online teaching and warning source 1. Wy Ace Standard Costs Used For Drect Me Chow One of the Follow Topics To We About

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Con NOW2 Online teaching and warning source 1. Wy Ace Standard Costs Used For Drect Me Chow One of the Follow Topics To We About Book Show Me How Printem Direct Materials and Direct Labor Variance Analysis Abbeville Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 40 employees. Each employee present provides 36 hours of labor per week. Information about a production week is as follows: Standard wage per he $14.40 Standard labor time per faucet 10 min Standard number of lb. of brass 2.00 lb Standard price per ib. of brass $13.00 Actual price per ib. of brass $13.25 Actual 1. of brass used during the week 13,600 16. Number of faucets produced during the week 6,600 Actual wage per hr. $14.80 Actual hrs, for the week 1,440 hrs Required a. Determine the standard cost per unit for direct materials and direct labor. Do not round your intermediate calculations and 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 b. Determine the direct materials price variance, direct materials Quantity Vance, and total direct materials cost Variante. Do not round your intermediate calculations and round your final answers to the nearest dollar. Enter a favorable wariance as a negative number using a minus sign and an unfavorable variance Direct labor standard cost per unit Total standard cost per unit b. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Do not round your intermediate calculations and round your final answers to the nearest dollar. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number

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