1. Direct Materials and Direct Labor Variance Analysis

   Lenni Clothing Co. manufactures clothing in a small manufacturing facility. Manufacturing has 25 employees. Each employee presently provides 40 hours of productive labor per week. Information about a production week is as follows:

   Standard wage per hr.	$12.00
   Standard labor time per unit	12 min.
   Standard number of yds. of fabric per unit	5.0 yds.
   Standard price per yd. of fabric	$5.00
   Actual price per yd. of fabric	$5.10
   Actual yds. of fabric used during the week	26,200 yds.
   Number of units produced during the week	5,220
   Actual wage per hr.	$11.80
   Actual hrs. for the week	1,000 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 price variance, quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

   Price variance	$
   Quantity variance	$
   Total direct materials cost variance	$

   c. Determine the rate variance, time variance, and total direct labor cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

   Rate variance	$
   Time variance	$
   Total direct labor cost variance	$