Shasta Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has 70 employees. Each employee presently provides 38 hours of labor per week. Information about a production week is as follows:

Standard wage per hr. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $20.00

Standard labor time per faucet. . . . . . . . . . . . . . . . . . . . . . . . . . . 30 min.

Standard number of lbs. of brass. . . . . . .  .  .  . . .  . .  .  . .  . . . . . 2.5 lbs.

Standard price per lb. of brass. . . . . . . . . . . . . . . . . . . . . . . . . . . . $1.80

Actual price per lb. of brass. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1.95

Actual lbs. of brass used during the week. . . . . . . . . . . . . . . . . .13,000 lbs.

Number of faucets produced during the week. . . . . . . . . . . . . . . 5,000

Actual wage per hr. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $18.75

Actual hrs. for the week (70 employees × 38 hours). . . . . . . . . . . 2,660

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; and 

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