Direct Labor Mix and Yield Variances

Delano Company uses two types of direct labor for the manufacturing of its products: fabricating and assembly. Delano has developed the following standard mix for direct labor, where output is measured in number of circuit boards.

Direct Labor Type	Mix		SP	Standard Cost
Fabricating	2	hrs.	$20	$40
Assembly	3		12	36
Total	5	hrs.		$76
Yield	25	units

During the second week in April, Delano produced the following results:

Direct Labor	Type Actual Mix
Fabricating	20,000	hrs.
Assembly	55,000
Total	75,000	hrs.
Yield	370,000	units

Required:

Instructions for parts 3 and 4: If a variance is zero, enter "0" and select "Not applicable" from the drop down box.

1. Calculate the yield ratio. fill in the blank 1

2. Calculate the standard cost per unit of the yield. Round your answers to the nearest cent. $fill in the blank 2 per unit of yield

3. Calculate the direct labor yield variance. $fill in the blank 3

4. Calculate the direct labor mix variance. $fill in the blank 5