Taglia Law Office has three labor classes: administrative assistants, paralegals, and attorneys. Standard wage rates are as
Question:
Taglia Law Office has three labor classes: administrative assistants, paralegals, and attorneys. Standard wage rates are as follows: administrative assistants, $ 30 per hour; paralegals, $ 60 per hour; and attorneys, $ 125 per hour. For October, the numbers of actual direct labor hours worked and of standard hours for probate cases were as follows:
a. Calculate October’s direct labor efficiency variance as well as the direct labor mix variance and the direct labor yield variance.
b. Discuss whether management used an efficient mix oflabor.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111971724
9th edition
Authors: Michael R. Kinney, Cecily A. Raiborn
Question Posted: