A company's direct labor standards for a given operation and the actual results for the current period are provided below:
Standard rates:
Advanced: $18 per hour
Trained: $15 per hour
Novice: $10 per hour

Actual Results:
Units produced: 4,000
Labor used:
2,200 hours of Advanced workers
4,300 hours of Trained workers
1,900 hours of Novice workers
Required:
(Be sure to indicate whether the variance is favorable or unfavorable. )
a.Compute the labor efficiency variances for each worker level.b.Compute the labor mix variances for each worker level.c.Compute the labor yield variances for each worker level.

Question

A company's direct labor standards for a given operation and the actual results for the current period are provided below:
Standard rates:
Advanced: $18 per hour
Trained: $15 per hour
Novice: $10 per hour

A company's direct labor standards for a given operation and the actual results for the current period are provided below: <u>Standard rates:</u> Advanced: $18 per hour Trained: $15 per hour Novice: $10 per hour <u>Actual Results:</u> Units produced: 4,000 Labor used: 2,200 hours of Advanced workers 4,300 hours of Trained workers 1,900 hours of Novice workers Required: (Be sure to indicate whether the variance is favorable or unfavorable. ) a.Compute the labor efficiency variances for each worker level.b.Compute the labor mix variances for each worker level.c.Compute the labor yield variances for each worker level.

Actual Results:
Units produced: 4,000
Labor used:
2,200 hours of Advanced workers
4,300 hours of Trained workers
1,900 hours of Novice workers
Required:
(Be sure to indicate whether the variance is favorable or unfavorable. )
a.Compute the labor efficiency variances for each worker level.b.Compute the labor mix variances for each worker level.c.Compute the labor yield variances for each worker level.

Quizplus · Accepted Answer

The Answer of A company's direct labor standards for a given operation and the actual results for the current period are provided below: Standard rates: Advanced: $18 per hour Trained: $15 per hour Novice: $10 per hour Actual Results: Units produced: 4,000 Labor used: 2,200 hours of Advanced workers 4,300 hours of Trained workers 1,900 hours of Novice workers Required: (Be sure to indicate whether the variance is favorable or unfavorable. ) a.Compute the labor efficiency variances for each worker level.b.Compute the labor mix variances for each worker level.c.Compute the labor yield variances for each worker level.

A Company's Direct Labor Standards for a Given Operation and the Actual