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Check my work Mati's Eat 'N Run has two categories of direct labor unskilled, which costs $18 per hour and skilled, which costs $28 per
Check my work Mati's Eat 'N Run has two categories of direct labor unskilled, which costs $18 per hour and skilled, which costs $28 per hour. Management has established standards per "equivalent friendly meel," which has been defined as a typical meal consisting of a hamburger, a drink, and french fries. Standards have been set as follows. Skilled labor Unskilled labor 3 minutes per equivalent meal 7 minutes per equivalent meal For the year, Matt's sold 188,000 equivalent friendly meals and incurred the following labor costs. Skilled labor Unskilled labor 9.400 hours 12,500 hours $269, eee 241,600 Required: a. Compute labor price and efficiency variances. b. Compute labor mix and yield variances Complete this question by entering your answers in the tabs below. Required A Required B Complete this question by entering your answers in the tabs below. Required A Required B Compute labor price and efficiency variances. (Do not round intermediate calculations. Indicate the effect of each va selecting "F* for favorable, or "u" for unfavorable. If there is no effect, do not select either option. Enter your answe rounded to the nearest whole dollar.) Skilled Unskilled Total Labor price variance Labor efficiency variance T T T T Required A Required B > Complete this question by entering your answers in the tabs below. Required A Required B Compute labor mix and yield variances. (Do not round intermediate calculations. Indicate the effect of each varian selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Enter your ansv rounded to the nearest whole dollar.) Skilled Unskilled Total Labor mix variance Labor yield variance
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