Oasis Faucet Company manufactures faucets in a small manufacturing facility. The faucets are made from zinc. Manufacturing has 80 employees. Each employee presently provides 40 hours of labor per week. Information about a production week is as follows:

Standard wage per hr. ..................$ 16.80

Standard labor time per faucet ..............15 min.

Standard number of lbs. of zinc .............2.6 lbs.

Standard price per lb. of zinc ..............$ 22.00

Actual price per lb. of zinc ...............$ 21.85

Actual lbs. of zinc used during the week ..........31,750 lbs.

Number of faucets produced during the week ........12,000

Actual wage per hr. ..................$ 17.00

Actual hrs. for the week ................. 3,200 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;

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