Direct Materials and Direct Labor Variance Analysis

Required:

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

Direct Materials Price Variance

Unfavorable $$

Direct Materials Quantity Variance

Unfavorable $$

Total Direct Materials Cost Variance

Unfavorable $V$

Direct Labor Rate Variance

Unfavorable $$

Direct Labor Time Variance

Total Direct Labor Cost Variance

$

Favorable $$

Favorable $$