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Best Bathware Company manufactures faucets in a small manufacturing facility. The faucets are made of zinc. Manufacturing has 50 employees. Each...

Best Bathware Company manufactures faucets in a small manufacturing facility. The faucets are made of zinc. Manufacturing has 50 employees. Each employee presently provides 36 hours of labor per week. Information about a production week is as follows:# of manufacturing employees 50Hours of labor a week/employee 36Standard wage per hour $14.60Standard labor time per faucet 15 minutesStandard # pds. of zinc 1.6 lbs.Standard price per pds. of zinc $11.50Actual price per pds. of zinc $11.75Actual pds. of zinc used per week 12,400# of faucets produced during week 7,500Actual wage per hr $15.00Actual hours per week 1,800 hoursRequirements:1) standard cost per unit for direct materials and direct labor2) the price variance, the quality variance, and total direct materials cost variance3) the rate variance, time variance, and total direct labor cost variance (hint: direct labor time variance = $1095 F)

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