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Direct Labor Mix and Yield Variances Redfield Company uses two types of direct labor for the manufacturing of its products: fabricating and assembly Redfield
Direct Labor Mix and Yield Variances Redfield Company uses two types of direct labor for the manufacturing of its products: fabricating and assembly Redfield has developed the following standard mix for direct labor, where output is measured in units Standard Direct Labor Type Fabricating Assembly Total Yield Mix SP Cost 2 hrs. 3 $20 $60 12 30 5 hrs. $90 25 units During the second week in April, Redfield produced the following results Direct Labor Fabricating Assembly Yield Required Type Actual Mix 20.000 hrs. 45,000 65.000 320,000 units 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 2. Calculate the standard cost per unit of the yield. Round your answers to the nearest cent. 3.6 per unit of yield 3. Calculate the direct labor yield variance. 18,000 Unfavorable 4. Calculate the direct labor mix variance. 48,000 X Favorable
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