Matt's Eat 'N Run has two categories of direct labor: unskilled, which costs $23 per hour, and skilled, which costs $37 per hour. Management has established standards per "equivalent friendly meal," 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	2	minutes per equivalent meal
Unskilled labor	6	minutes per equivalent meal

For the year, Matts sold 195,000 equivalent friendly meals and incurred the following labor costs.

Skilled labor	6,500	hours		$	247,200
Unskilled labor	10,000	hours			260,800

Required:

a. Compute labor price and efficiency variances.

b. Compute labor mix and yield variances.

Required A Required B Compute labor price and efficiency variances. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Enter your answers rounded to the nearest whole dollar.) Skilled Unskilled Total Labor price variance Labor efficiency varianco Required A Required B Compute labor mix and yield variances. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Enter your answers rounded to the nearest whole dollar.) Skilled Unskilled Total Labor mix variance Labor yield variance