Question

Check my work Mati's Eat 'N Run has two categories of direct labor unskilled, which costs $18 per hour and skilled, which costs $28 per hour. Management has established standards per "equivalent friendly meel," 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 Unskilled labor 3 minutes per equivalent meal 7 minutes per equivalent meal For the year, Matt's sold 188,000 equivalent friendly meals and incurred the following labor costs. Skilled labor Unskilled labor 9.400 hours 12,500 hours $269, eee 241,600 Required: a. Compute labor price and efficiency variances. b. Compute labor mix and yield variances Complete this question by entering your answers in the tabs below. Required A Required B < Brex. 3 of 6 Next >

Answer 1

Answers @ Labor Pric and elbicienny wenignces Labor efficiency wariane : Standard Rok (std how s-actual how s] GO skilled labos elbikney variante = se{ (2X125,000 ) - 9,400] = 28 9400-2400] = 28[0] 0. unskilled laho alficiency van igne = tef 7X188,000 ) – 19,500] = 186 214333-12,500) = 18[9433, 33] = 169800 ( favorable) band hours = artaal.equivalent meade x ming pormea Gomin

labor price variance : (abor price variance - osteal hours (sted rote-- actual mate] quoo skilled Gabor price variance = 9400 (28 - (869,000 97 = 9400 18-18.60] = 5928(anfavorable) unskilled labor price variance = 12,500 18 - 241,6007 12,500 = 19,500 (18 – 19.33] = 16,625" (un favorable) I r actual ranke- atkal cast] actual hours (b). Labor mix variance: skilled -X labor mill variance - storate i l stal his a skilleallab Jotal ste hours Total ail attual bus .. n acted hos od skilled bob

9400 - oceno na (19.o a ven) - 1000 X 12,500 94001 - 9400 9400 +2 1933.33 = 20 6570 -9400 = 56, 6ooſunfavorable) unskilled Gabon mix vaxiani - slevateli huso unskilledld x 10 10 [ Tolal std his . . actual his/ [ܬܪܐal - aܚ ܛܫܠܐ ܠܗܙܘܘ - = 1921933. 33 xlia,500+9400) 1 9400+ 2193333 . - 19.500) - 1 183.89.99 – 19,500] = 18[D289.99] = 50940: favorable labor yide variance labor yield variance Tobey wield variance - Total Elbiciency variance---atal labor mix variance

labor yeld variance is single wanance. (orquaono fognskt = (enbos +009195-) - (met 00291 +) =