b$.$ Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Round s answers to the nearest whole dollar. Enter a favorable varlance as a negative number using a minus sign and an unfavorable var positive number:

Direct Materials Price Variance

Direct Materials Quantily Vartance

Total Direct Materials Cost Variance

Unfavorable

Unfavorable

Unfavorable

c$.$ Determine the direct labor rate variance, direct labor time variance, and total direct labor cost variance. Round your answers to th whole dollar. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Direct Labor Rate Variance

Direct Labor Time Variance

Total Direct Labor Cost Variance

Favorable

Unfavorable

Favorable

Jericho Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing has $50$ employees. Each employee presently provides $40$ hours of labor per week. Information about a production week is as follows:

Standard number of lbs$.$ of brass

Standard price per Ib$.$ of brass

Standard wage per hour

Standard labor time per unit

Actual price per Ib$.$ of brass

Actual lbs$.$ of brass used during the week

Number of units produced during the week

Actual wage per hour

Actual hours for the week $(50$ employees $40$ hours$)$

Required:

$1\mathrm{.}3$ lbs$.$

$$12\mathrm{.}75$

$$14\mathrm{.}40$

$20$ min.

$$13\mathrm{.}00$

$8,837lbs.$

$6,600$

$$14\mathrm{.}83$

$2,000$

a$.$ Determine the standard cost per unit for direct materials and direct labor. Round the cost per unit to two decimal places.

Direct materials standard cost per unit

Direct labor standard cost per unit

Total standard cost per unit

$1\mathrm{.}3$ Ibs.

$$12\mathrm{.}75$

$$14\mathrm{.}40$

$20$ min.

$$13\mathrm{.}00$

$8,837$ lbs$.$

$6,600$

$$14\mathrm{.}83$

$2,000$