Problem 7-66 (Algorithmic)AppendixHaddas Ltd. makes Healthy Life, a nutritional aid. For a 50-pound batch, standard material and labor costs are as follows:QuantityUnit PriceTotalWheat23.0 pounds$ 0.18 per pound$4.14Barley27.0 pounds0.10 per pound2.70Corn10 pounds0.04 per pound0.40Skilled labor0.8 hour14.00 per hour11.20Unskilled labor0.2 hour8.00 per hour1.60During June, the following materials and labor were used in producing 600 batches of Healthy Life:Wheat17,400 pounds @ $0.21 per poundBarley15,500 pounds @ $0.11 per poundCorn10,000 pounds @ $0.06 per poundSkilled labor410 hours @ $14.20 per hourUnskilled labor250 hours @ $9.00 per houra. Calculate the material quantity, mix, and yield variances. Round your answers to the nearest dollarMaterial Mix Variance $______________ favorableMaterial Yield Variance $______________ unfavorableMaterial quantity variance $______________ unfavorableb. Calculate the labor efficiency, mix, and yield variancesLabor Mix Variance $______________ favorableLabor Yield Variance $______________ unfavorableLabor Efficiency Variance $______________ unfavorablea.) Material Mix Variance = (AM x AQ x SP) â (SM x AQ x SP)Material Yield Variance = (SM x AQ x SP) â (SM x SQ x SP)b.) Labor Rate Variance = (AM x AH x AR) â (AM x AH x SR)Labor Mix Variance = (AM x AH x SR) â (SM x AQH x SR)Labor Yield Variance = (SM x AH x SR) â (SM x SH x SR)
Case study one page Case study one page Case study one page Case study one…
Business Calculus quiz that is 10 questions and has an hour time limit. Must be…
Write a 175- to 265-word response to the following: What constitutes “robust interoperability,†and what…
For this News Briefing Quest task , pick and analyze a U.S. political news article…
ACC 610 Milestone TwoGuidelines and Rubric This is the secondof three milestone assignments that will…
Please answer the questions in the attachment. I have sent you the required materials. Send…