Direct Materials and Direct Labor Variance Analysis Jericho Fixture Company manufactures faucets in a small manufacturing focility. The taucets are made from brass. Manufacturing has 30 employees, Each employee presently provides 36 hours of labor per week. Information about a production week is as follows: Required: a. Determine the standard cost per unit for direct materiais and direct labor, Round the cost per unit to two decimal places. b. Determine the direct materials price variace, direct materials quaritity varianch, and total direct materials cust varianco, Round your answers to the nearest whole dollar. Enter a favorable variance as a negative number using a minus sign and an unfavotable vanance as a postive numbern Mequired: a. Determine the standerd cost per unit for direct materials and direct labor. Rosed the cost per unit to two decimat places. b. Determine the direct materials price varience, girect materials quantity variance, and tokal ovect materials cost varianct. Round your answers to the nearest whole doliar. Enter a fayorable variance as a negative number using a minus sign and an usfayarabie varance as a poutive number, c. Determine the direct labor rate vatance, direct labor bree variance, and total direct laber 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 poctive number