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Direct Materials and orect Labor Variance Analysis Shasta Fixture Company manufactures favcets in a small manufacturing facisty. The favcets are made from brass. Manufacturing has
Direct Materials and orect Labor Variance Analysis Shasta Fixture Company manufactures favcets in a small manufacturing facisty. The favcets are made from brass. Manufacturing has 10 employees. Fach emeirite presenty grovides 32 hours of labor per week, information about a production week is as follows: Required: a. Determine the standand cost per unit for direct materials and direct labon, Roond the coat per unit to two decimal places. b. Determine the direct materials price variance, direct materials quantity varance, and total direct materials cost variance, Round your answers to the nearest whele dollar. Enter a favgracle variance ss a negstive number using a minua west and an untavorable variance as a positive number: a. Determine the standard cost per unit for disect materials and direct labor. Round the cost per unit to two decimal places. whole dollar. Enter a favorable variance as a negative number using a minis sign and an unfavorable variance as a positive number, favorable variance as a negative number using a minus sign and an unfavorable varlance as a positive number
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