Reference no: EM132561592

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 ACTUAL MIX

Painting 20,000 hrs

Designing 45,000 hrs

Total 65,000 hrs

Yield 320,000 units

Required

Question 1: Calculate the yield ratio.

Question 2: Calculate the standard cost per unit of the yield.

Question 3: Calculate the direct labour yield variance.

Question 4: Calculate the direct labour mix variance.