is follows: a. Determine the standard dost per unit for direct materials and direct labor. Round the cost per unit to two decimal places. minus sign and an unfavorable variance as a positive number. lexible Budgeting and Variance Analysis Standand Amount Der Case Prepare the following variance analyses for both chocolates and total, based on the actual results and production levels at the end of the budget year: Enter a favorable variancel as a negative number using and total variance. a. Direct materials price variance Direct materials quantity variance Total direct materials fost dariance b. Direct labor rate variance Direct labor time variance Total direct labor cost variance 2. The variance analyses should be based on the . separated from efficiency and price variances