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Fancy Fixture Company facility. The faucet manufactures faucets in a small manufacturing s are made from brass. Manufacturing has 100 employees. ach em ployee presently

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Fancy Fixture Company facility. The faucet manufactures faucets in a small manufacturing s are made from brass. Manufacturing has 100 employees. ach em ployee presently provides 40 hours of labor per week. Information about a production week is as follows: Standard wage per hr. Standard labor time per faucet Standard number of Ibs of brass Standard price per lb. of brass Actual price per lb of brass Actual lbs of brass used during the week Number of faucets produced during the week Actual wage per hr Actual hrs, for the week $21.00 20 min. 5 Ibs. $2.80 $2.72 59,875 lbs. 11,820 $21.40 4,000 hrs Instructions Determine (a) the standard cost per unit for direct materials and direct labor; (b) the direct materials price variance, direct materials quantity variance, and total direct materials cost variance; and (c) the direct labor rate variance, direct labor time variance, and total direct labor cost variance. C. b. a

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