QUESTION FOUR Floro Company has two types of direct labour for the production of its items: Painting and Designing. Floro has developed the following standard mix for direct labour, where the output is measured using the number of route taken. Standard price K20 Standard Cost K40 Direct labour type Painting Designing Total Yield Mix 2 Hrs 3 Hrs 5 Hrs 25 Units K12 K36 K76 3 During the second week in April, Floro produced the following results: DIRECT LABOUR TYPE ACTUAL MIX Painting 20,000 hrs Designing 45,000 hrs Total 65,000 hrs Yield 320,000 units Required 1. Calculate the yield ratio. 2. Calculate the standard cost per unit of the yield. 3. Calculate the direct labour yield variance. 4. Calculate the direct labour mix variance