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Question: lenni clothing co manufactures clothing in a small manufacturing facility...

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7:47 PM moodle 3.subr.edu (a 82 Performance Evaluation Using Variances from Standard Costs s: Series B PR 7-1B Direct materials and direct labor variance analysis Lenni Clothing Co. manufactures clothing in 08.2,3 has 25 employees. a small manufacturing facility. Manufacturing week. Information Each employee presently provides 40 hours of productive labor per about a production week is as follows: Standard wage per hr. $12.00 Standard labor time per unit 12 min. Standard number of yds of fabric per unit 50 yds. Standard price per yd of fabric $500 Actual price per yd. of fabric $5.10 Actual yds of fabric used during the week 26,200yds. Number of units produced during the week 5.220 Actual wage per hr. $11.80 Actual hrs for the week 1,000 hrs. Instructions Determine (a) the standard cost per unit for direct materials and direct labor (b) the price variance, quantity variance, and total direct materials cost variance; and (c) the rate variance, time variance, and total direct labor cost variance.
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