Cost accountants at Condriac Hospital reported the following information for March 2011 regarding its nursing staff consisting of registered nurses (RNs) and aides:
|
|
|
Standard Rate |
Actual Rate |
|
Standard Hours |
Actual Hours |
Per Hour |
Per Hour |
| RNS |
8,100 |
7,130 |
$25.00 |
$25.80 |
| Aides |
3,900 |
4,370 |
$12.00 |
$12.50 |
1.What is Condriac%u2019s labor yield variance for March 2011. In the box below, show and label your computations and clearly label your final answer. Be sure to indicate whether the variance is favorable or unfavorable.
2. What is Condriac%u2019s labor mix variance for March 2011. In the box below, show and label your computations and clearly label your final answer. Be sure to indicate whether the variance is favorable or unfavorable.