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A machine distributor sells two models, basic and deluxe. The following information relates to its master budget. Sales (units) Sales price per unit Variable costs per unit Basic 11,000 $ 9,500 $ 8,800 Deluxe 2,750 $13,500 $ 10,500 Actual sales were 8,500 basic models and 4,300 deluxe models. The actual sales prices were the same as the budgeted sales prices for both models. What is the sales mix variance for the deluxe model? Bonner Company's direct labor cost for March was as follows: Actual direct labor hours Standard direct labor hours Rate variance Total payroll Labor mix variance 32,500 34,000 $ 8,500 U $216,500 $ 6,725 U What was Bonner's direct labor yield variance? TB MC Qu. 17-37 (Algo) The Fantasy Gifts Company, a maker of Holiday... The Fantasy Gifts Company, a maker of Holiday novelties, needs your help immediately. The company's accountant resigned without leaving adequate records or explanations for what she did. In reviewing the records, you find the following information for May: Materials Purchased Materials Used 38,000 units 24,000 units You find a copy of the budget which shows that materials were budgeted at $0.60/unit. You know that the material price variance is recorded at the time of purchase and you find some handwritten notes among the accountant's work papers, which indicate the following: Material price variance Material efficiency variance $ 380 F $1,500 F What was the total standard cost of direct materials purchased during May

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