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 35 hours of labor per week. Information about a production week is as follows: Standard wage per hour Standard labor time per unit Standard number of lbs. of brass Standard price per lb. of brass Actual price per lb. of brass $13.2 20 min. 1.9 lbs. $9.75 6,900 $13.6 1,050 hrs. 13,503 Actual lbs. of brass used during the week lbs. Number of units produced during the week Actual wage per hour Actual hours for the week (30 employees x 35 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 18.53 V Direct labor standard cast per unit Total standard cost per unit 4.40 22.93 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 $ $ 3,376 Unfavorable -2,896 X Unfavorable Unfavorable 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 $ 420 Unfavorable $ -16,500 Favorable Total Direct Labor Cost Variance -15,660 X Favorable Direct Labor Time Variance