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Direct Materials and Direct Labor Variance Analysis Abbevilie Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 30

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Direct Materials and Direct Labor Variance Analysis Abbevilie Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 30 employees, Each employee presently provides 32 hours of labor per week. Information about a production week is as follows: a. Determine the stondard 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. b. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. De not round your intermediate calculations and round your final answers to the nearest doliar. Enter a favorable variance as a negative number using a minus sign and an unfovorable varunce as a positive number. 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. b. Determine the direct materials price variance, direct materials quantity varience, and total direct materiais 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. c. Determine the direct labor rate variance, direct labor time variance, and total direct labor 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 unfavorabie variance as a positive number

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