Sheffield Company has gathered the following information about its product. Direct materiols: Each unit of product contains 5.9 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 2,7 pounds. Materials cost $6.30 per pound, but Sheffield always takes the 3.90\% cash discount all of its suppliers offer. Freight costs average $0.48 per pound. Direct labor. Each unit requires 1.83 hours of labor. Setup, cleanup, and downtime average 0.53 hours per unit. The average hourly pay rate of Sheffield's employees is $9.83. Payroll taxes and fringe benefits are an additional $2.63 per hour. Manufocturing overhead. Overhead is applied at a rate of $5.83 per direct labor hour. Compute Shetheld's total standard cost per unit. (Round answer to 2 decimal ploces, eg. 1.25.) Total standard cost per unit Vaughn Services, Inc, is trying to establish the standard labor cost of a typical brake repair. The following data have been collected from time and motion studies conducted over the past month. (a) Determine the standard direct labor hours per brake repair, (Round all intermediate and final answer to 2 decimal places, es. 1.25.) Standard direct labor hours per brake repair hours The standard cost of Product B manufactured by Sheridan Company includes 3 units of direct materials at $7.00 per unit. During June, 33,400 units of direct materials are purchased at a cost of $6.70 per unit, and 33,400 units of direct materials are used to produce 10,920 units of Product B. (a) Compute the total materials variance and the price and quantity variances. Compute the total materials variance and the price and quantity variances, assuming the purchase price is $7.15 and the quantity purchased and used is 32,600 units. Blue Spruce Company's standard labor cost of producing one unit of Product DD is 4 hours at the rate of $14.20 per hour. During August, 49,200 hours of labor are incurred at a cost of $14,35 per hour to produce 12,200 units of Product DD. (a) Compute the total labor variance, Total labor variance (b) Compute the labor price and quantity variances. Labor price variance Labor quantity variance $ Compute the labor price and quantity variances, assuming the standard is 4.1 hours of direct labor at $14.45 per hour. Labor price variance Labor quantity variance Riverbed Company purchased (at a cost of $11,160 ) and used 2,670 pounds of materials during May. Riverbed's standard cost of materials per unit produced is based on 2.00 pounds per unit at a cost $6.50 per pound. Production in May was 1,140 units. (a) Compute the total, price, and quantity variances for materials