Direct Materials and Direct Labor Variance Analysis Abbeville Fiature Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 90 employees. Each employee presently provides 36 hours of labor per week. Information about a production week is as follows Standard wage per h Standard labor time per faucet Standard number of lbs of brass 15.00 40 min. lbs $2.40 $2.50 4,350 bs. 4,800 $14.40 Actual hrs. for the week (90 employees x 36 hours) 3,240 hrs Standard price per Ib. of brass Actual price per lb of brass Actual ibs. or brass used during the week %mber of faucets produced during the week Actual wage per hr. . Determine the standard cost per unit for direct materials and direct labor. Round the cost per unit to two decimal places Direct material's standard cost per unt Direct labor standard cost per un Toal standard cost per b. Determine the direct materiais price varance, direct materials antiy voriance, and total direct materials cost varlance Enter a favorable variance as a a minus sign and an unavorable variance as a positive number Direct Materials Direct Materials Quanity Varance Total Direct Materials Cost Variance Price Vaniance Untavorable 8 9 0 delete