LaPointe Corporation uses two different types of labor to manufacture its product. The types of labor, Cutting and Setup, have the following standards:
Yield 5,000 units
During January, the following actual production information was provided:
Labor Type Actual Mix
Cutting 7,000 hours
Setup 3,000 hours
Yield 45,000 units
Required:
Calculate the labor efficiency and mix and yield variances.

Question

LaPointe Corporation uses two different types of labor to manufacture its product. The types of labor, Cutting and Setup, have the following standards:
  Yield 5,000 units
During January, the following actual production information was provided:
Labor Type Actual Mix
Cutting 7,000 hours
Setup 3,000 hours
Yield 45,000 units
Required:
Calculate the labor efficiency and mix and yield variances.

Quizplus · Accepted Answer

The Answer of LaPointe Corporation uses two different types of labor to manufacture its product. The types of labor, Cutting and Setup, have the following standards:
  Yield 5,000 units
During January, the following actual production information was provided:
Labor Type Actual Mix
Cutting 7,000 hours
Setup 3,000 hours
Yield 45,000 units
Required:
Calculate the labor efficiency and mix and yield variances.

LaPointe Corporation Uses Two Different Types of Labor to Manufacture