PR 8-1A Direct materials and direct labor variance analysis Obj. 2, 3 Direct labor time Abbeville Fixture Company manufactures faucets in a small manufacturing facility. The faucets variance, 5600U are made from brass, Manufacturing has 90 employees. Each employee presently provides 36 hours of labor per week. Information about a production week is as follows: Standard wage perhe $15.00 Standard tabor time per faucet 40 min Standard number of lbs. of brass 3 lbs. Standard price per lb. of brass 52.40 Actual price per lb. of brass $2.50 Actuallbs of brass used during the week 14,350 lbs Number of faucets produced during the week Actual wage per hr $14.40 Actual hes for the week (90 employees x 36 hours) 3.240 (Continued) 4,800 408 Chapter 8 Evaluating wances from Standard Costs Instructions Determine (A) the standard cost per unit for direct materials and direct labor, (B) the direct materi- als price variance, direct materials quantity variance, and total direct materials cost variance; and the direct labor rate variance, direct labor time variance, and total direct labor cost variance