Analysts at spring break ltd have gathered the following, Ask an Expert

Accounting

Analysts at Spring Break Ltd. have gathered the following data:

Budgeted direct labour mix at standard rate, for actual output achieved:

Skilled labor 7,650 hours at $32 per hour

Unskilled labor 2,550 hours at $24 per hour

Actual results:

Skilled labor 8,000 hours at $38 per hour

Unskilled labor 2,000 hours at $18 per hour

Required:

1. Calculate the mix and yield variances for direct labour

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91757299

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