Direct Materials and Direct Labor Variance Analysis Jericho Fixture Company manufoctures foucets in a smail manufacturing facility. The faucets are made from brass. Manufacturing has 45 employees. Each employee presently provides 38 hours of labor per week, Information about a production week is as follows: a. Determine the standard cost per unit for direct materials and direct labor. Round the cost per unit to two decimat places. Required; a. Determine the standard cost per unit for direct materiass and direct labor. Round the cost per unit to two decimal piaces. Direct materials standard cost per unit Direct labor standard cont per unit Total standard cost per unit b. Determine the direct materials price variance, direct materials quantity variance, and total direct materiais cost variance. Enter a favorable variance as a negative number using a minus sign and an unfevorable variance as a potitive number. Direct Materials Price Variance Direct Materals Quantity Variance Total Direct Materials Cost Variance Unfavorable Unfavorable Unfavorable c. Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Enter k fo isaule variance as a negative aumber using a minus wign and an unftivorable variance as a poitive number. Direct Labor Rate Variance Direct Labor Time Variance Total Direct Labor Cost Variance Pentex