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Posted: September 13th, 2024
Analysts at Spring Break Ltd. have gathered the following data
Analysts at Spring Break Ltd. have gathered the following data:Budgeted direct labour mix at standard rate, for actual output achieved:Skilled labor 7,650 hours at $32 per hourUnskilled labor 2,550 hours at $24 per hourActual results:Skilled labor 8,000 hours at $38 per hourUnskilled labor 2,000 hours at $18 per hourRequired:1. Calculate the mix and yield variances for direct labour
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