Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Beta Company manufactures tables. It uses two types of labor: assembly labor and laminating labor. Beta has developed the following standard mix for direct labor
Beta Company manufactures tables. It uses two types of labor: assembly labor and laminating labor. Beta has developed the following standard mix for direct labor for manufacturing one table.
Direct Labor Type | Mix | Mix Proportion | Standard Price | Standard Cost |
Assembly | 2 hours | 0.50 | $20 | $40 |
Laminating | 2 hours | 0.50 | $15 | $30 |
4 hours | $70 |
Beta Company required 500 actual hours to produce 120 tables, of which 300 hours were taken for assembly work and 200 hours for laminating. Based on the given information, calculate the direct labor mix variance.
a.$250 unfavorable (U)
b.$525 unfavorable (U)
c.$525 favorable (F)
d.$250 favorable (F)
Please show the work
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started