1. Direct Materials and Direct Labor Variance Analysis

   Abbeville Fixture Company manufactures units in a small manufacturing facility. The units 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:

   Standard wage per hour	$12.6
   Standard labor time per unit	20 min.
   Standard number of lbs. of brass	1.5 lbs.
   Standard price per lb. of brass	$9.25
   Actual price per lb. of brass	$9.5
   Actual lbs. of brass used during the week	13,905 lbs.
   Number of units produced during the week	9,000
   Actual wage per hour	$12.98
   Actual hours for the week (30 employees 32 hours)	960 hrs.

   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	$

   b. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Round your answers to the nearest whole dollar. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

   Direct Materials Price Variance	$
   Direct Materials Quantity Variance	$
   Total Direct Materials Cost Variance	$

   c. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Round your answers to the nearest whole dollar. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

   Direct Labor Rate Variance	$
   Direct Labor Time Variance	$
   Total Direct Labor Cost Variance	$