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- This topic has 3 replies, 2 voices, and was last updated 6 months ago by Darshjg.

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- November 29, 2023 at 8:16 pm #695729
After watching your lectures, i still did not seem to get this.

A company has a process in which the standard mix for producing 9 litres of output is as

follows:

$

4.0 litres of D at $9 per litre 36.00

3.5 litres of E at $5 per litre 17.50

2.5 litres of F at $2 per litre 5.00

Total 58.50

A standard loss of 10% of inputs is expected to occur. The actual inputs for the latest period

were:

$

4,300 litres of D at $9.00 per litre 38,700

3,600 litres of E at $5.50 per litre 19,800

2,100 litres of F at $2.20 per litre 4,620

Total 63,120

Actual output for this period was 9,100 litres.What is the total material yield variance?

November 30, 2023 at 4:26 pm #695767Where is this question from?

The one I have found asks for the mixNovember 30, 2023 at 4:45 pm #695772Actual usage in standard proportions $

D = 4,000 litres at $9 per litre = 36,000

E = 3,500 litres at $5 per litre = 17,500

F= 2,500 litres at $2 per litre = 5,000

–––––––

10,000 litres 58,500

Actual usage in actual proportions

D = 4,300 litres at $9 per litre 38,700

E = 3,600 litres at $5 per litre 18,000

F = 2,100 litres at $2 per litre 4,200

–––––––

60,900

Mix variance is 58,500 – 60,900 = $2,400 Adverse A

November 30, 2023 at 8:03 pm #695780Hello Sir, mine asked for the mix too but i tried making it more challenging and calculate the yield although i got the answer. Thank you.

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