Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please Help me ONLY with part 3 and 4 thank you please show steps Direct Labor Mix and Yield Variances Delano Company uses two types

Please Help me ONLY with part 3 and 4 thank you please show steps

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. $25 $50
Assembly 3 13 39
Total 5 hrs. $89
Yield 25 units

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

Direct Labor Type Actual Mix
Fabricating 25,000 hrs.
Assembly 55,000
Total 80,000 hrs.
Yield 395,000 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.

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

3. Calculate the direct labor yield variance. $ Unfavorable

4. Calculate the direct labor mix variance. $ Favorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Core Concepts Of Accounting

Authors: Leslie K. Breitner, Robert N. Anthony

10th Edition

0136029442, 9780136029441

More Books

Students also viewed these Accounting questions

Question

1.8 1.1 3.6 -61 1.7 -47

Answered: 1 week ago