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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
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 hour
Unskilled labor                  2,550 hours at $24 per hour
Actual results:
Skilled labor                     8,000 hours at $38 per hour
Unskilled labor              2,000 hours at $18 per hour
Required:
1. Calculate the mix and yield variances for direct labour
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