mix & yield variances

This topic has 3 replies, 2 voices, and was last updated 8 years ago by John Moffat.

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January 27, 2018 at 5:56 pm #433453
natty2
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Hi john
what is difference in working out a total material mix & yield variance than a material mix & yield variance without no total added to the question
January 28, 2018 at 10:04 am #433572
John Moffat
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I don’t understand what you are asking 🙁
Have you watched my free lectures on mix and yield variances?
February 15, 2018 at 5:13 pm #437477
natty2
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Hi john just a little clarification
when a question ask for contribution for sales mix & quantity variance the answer is subtract variables cost from selling price to get the contribution amount but when asked for profit you have to include fixed cost to arrive at profit subtract variable & fixed cost from selling price to get the profit
February 16, 2018 at 7:58 am #437540
John Moffat
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That is correct (and is the same for ‘normal’ sales variances – not only when mix is involved).
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