Labor Mix and Yield Variances (LO2): Quicki-Burgers has two categories of direct labor: unskilled, which costs $6.50 per hour, and skilled, which costs $10.30 per hour. Management has established standards per "equivalent meal," which has been defined as a typical meal consisting of a sandwich, a drink, and a side order. Standards have been set as follows:

During May, Quicki-Burger sold 30,000 equivalent meals and incurred the following labor costs:

Required:

a. Compute labor price and efficiency variances.

b. Compute labor mix and yield variances.

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Skilled labor: Unskilled labor: 4 minutes per equivalent meal 10 minutes per equivalent meal