Question: Please help me solve parts A and B and please show work. thank you. Pease Contractors is a local home remodeling company. In analyzing nancial

Please help me solve parts A and B and please show work. thank you.

Please help me solve parts A and B and please show work.

Pease Contractors is a local home remodeling company. In analyzing nancial performance, the accountant compares actual results with a flexible budget. The standard direct labor rates used in the flexible budget are established each year at the time the annual plan is formulated and held constant for the entire year. The standard direct labor rates in effect for the current fiscal year and the standard hours allowed for the actual output of work for August are shown in the following schedule. Standard Standard Direct Direct Labor Rate per Labor-Hours Hour Allowed For Worker Classification Output Supervisor $ 59 11899 Skilled 3E) ZJZEB General 29 41959 The actual direct laborhours worked and the actual direct labor rates per hour experienced for the month of August were as follows. Actual Direct Labor Rate per Actual Direct Worker Classification Hour Labor-Hours Supervisor $ 54 2,112 Skilled 32 2,112 General 18 5,376 Required: Calculate the dollar amount of the total direct labor variance for August for Pease Contractors. Break down the total variance into the following components: a. Direct labor price and efficiency variances. b. Direct labor mix and yield variances

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