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Mix and Yield variance analysis-Lecture example -1 BPP notes

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Mix and Yield variance analysis-Lecture example -1 BPP notes

  • This topic has 2 replies, 2 voices, and was last updated 10 years ago by AvatarJohn Moffat.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • November 27, 2015 at 12:38 pm #285686
    Avatarpriyanka15
    Member
    • Topics: 3
    • Replies: 2
    • ☆

    I have studied variance analysis in my graduation using formulas :
    Material Mix Variance : Standard cost for actual input – actual quantity at standard price
    Material Yield Variance : Standard cost for actual output – Standard cost for actual input.

    Using this formula when I do Lecture example-1 of BPP notes :

    Ques- Brenda and Eddie are analysing the main ingredients to their basic pasta sauce.
    The standard ingredients for one batch of tomato pasta sauce are:
    $
    Onions 5kg @ $2/kg 10
    Tomatoes 5kg @ $4/kg 20
    30
    During June, 100 batches of sauce were prepared, using the following ingredients:
    Onions 600 kg
    Tomatoes 900 kg
    For the total materials mix and total materials yield variance, was there a favourable or adverse result in June?

    I get mix variance correct but yield variance incorrect.

    Can you help me with my formula to solve this Question?

    November 27, 2015 at 1:39 pm #285696
    Avatarpriyanka15
    Member
    • Topics: 3
    • Replies: 2
    • ☆

    Thanks John, but I have figured out my answer.

    November 27, 2015 at 1:57 pm #285707
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    I am pleased that you have sorted it out 🙂

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Mix and Yield variance analysis-Lecture example -1 BPP notes’ is closed to new replies.

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