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Yield variance.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Yield variance.

  • This topic has 2 replies, 2 voices, and was last updated 6 years ago by John Moffat.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • November 2, 2019 at 11:50 pm #551461
    aliahmed1994
    Member
    • Topics: 38
    • Replies: 51
    • ☆☆

    Hondru operates a standard costing system. The standard direct
    materials to produce 1,000 units of output is as follows:
    During April the actual output of the product was 21,000 units. The actual
    materials issued to production were:

    Required:
    Calculate the material yield variance. Comment on the figures calculated.
    Material grade Input quantity (kgs) Standard price per kg ($)
    A 600kg 1.10$
    B 240kg 2.40$
    C 360kg 1.50$
    Material grade
    A 14000kg
    B 5500kg
    C 5500kg
    Quantity (kgs)

    The book has answer $297 F
    my answer is 446F.

    I understand you dont answer the questions from other books, but please help. I tried solving it by your method by multiplying the variance with standard $ per kg.

    Example 9 Book kaplan 2017-18

    November 3, 2019 at 12:59 am #551467
    aliahmed1994
    Member
    • Topics: 38
    • Replies: 51
    • ☆☆

    Alright, I just figured it out. I wasn’t applying standard mix on actual usage.

    November 3, 2019 at 9:51 am #551484
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    I am pleased that you have figured it out 🙂

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Yield variance.’ is closed to new replies.

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