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Floro company has two types of direct labour for the production of its items: Painting and...

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.

Direct labour type

Mix

Standard price

Standard Cost

Painting

2 Hrs

K20

K40

Designing

3 Hrs

K12

K36

Total

5 Hrs

K76

Yield

25 Units

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.
  1. Calculate the standard cost per unit of the yield.
  1. Calculate the direct labour yield variance.
  1. Calculate the direct labour mix variance.
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Calculation of yield ratio, standard cost per unit of the yield, direct labor yield variance, direct labor mix variance:

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