Direct materials and direct labor variance analysis Abbeville Fixture Company manufactures faucets in a small manufacturing facility . The faucets are made from brass. Manufacturing has 90 employees....

Direct materials and direct labor variance analysis

Abbeville Fixture Company manufactures faucets in a small manufacturing facility . The faucets are made from brass.

Manufacturing has 90 employees. Each employee presently provide 36 hours of labor per week. Information about a production week is as follows :

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 the total direct materials cost variance, and(c) the direct labor rate variance, direct labor time variance, and total direct labor cost variance.