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Dear Sir
Actual qty of materials at std price $19,960
Actual qty of materials at actual price $23,120
Actual yield at standard materials cost $20,800
Standard yield from actual input of materials at std cost $19,552Calculate yield variance and mlx variance.
A little help SirThanks
In future you must ask in the Ask the Tutor Forum is you want me to answer. This forum is for students to help each other.
You obviously have an answer in whichever BPP book you found the question and so you should ask about whichever part of the answer you are not clear about, and then I will explain.
However this is all explained in detail in my free lectures on mix and yield variances.
The lectures are a compete free course for Paper PM and cover everything needed to be able to pass the exam well.
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