(Appendix) Jackson Products makes NOTAM, a new health food. For a 50-pound batch, the standard costs for materials and labor are as follows:

During June, the following materials and labor were used in producing 600 batches of NOTAM:

a. Calculate the materials quantity, mix, and yield variances.

b. Calculate the labor efficiency, mix, and yield variances.LO1

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QUANTITY Wheat Barley Corn 25 pounds 25 pounds UNIT PRICE $ .20 per pound $.10 per pound TOTAL $5.00 2.50 Skilled labor 10 pounds .8 hours $ .05 .50 $12.00 per hour 9.60 Unskilled labor .2 hours $ 8.00 per hour 1.60