PMPlanning and operational

In planning variance u should compare Revised budget/standard with Original budget/standards

In operational variances u should compare revised budget/standard with actual results
i hope u got it and i also want a favour from u could u plz explain me how to deal with mix and yield variances if there is any loss in question

i think i can help u with mix n yeild variance jux look at peoforma i draw below

products ratio(given kg in question) acc.to ratio use actual use variance
x 5/8 35000/8*5=21875 25000 3125 adv
y 3/8 35000/8*3=13125 10000 3125 fav

x per kg 12$
y per kg 32$

all above values are assume now multiply variances with per kg std values i.e
x=3125adv*12=37500adv
y=3125fav*32=100000fav so after reconciling u have 62500fav variance

i hope u got mix variance

and in yield variance u have to compare kg that should used to get actual output with actually used kg to get actual output in above example i assume actual output is 9000 units and acc.to std
x = 5kg*12$=60$ /unit
y= 3kg*32$=96$/unit

now observe care fully that 9000 units use 72000kg ( 9000*8kg)
but actually used 35000(total kgs from above example)
so variance is in term of kg 37000fav kg
now you see that 37000 can make 4375 units (37000/8kg per unit)
4375*$156/unit= 682500 fav


there you have yield variance too i hope u got it and remember it is an assumed example and if u need any further assistance feel free to contact on +923219507173