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Yield variance

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Yield variance

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 5, 2016 at 5:14 pm #303649
    ridwanulfirdous
    Member
    • Topics: 31
    • Replies: 30
    • ☆☆

    sir, bbp kit mock exam 1, qu 17(sec A) says, actual yield at standard materials cost 20800$.. standard yield from actual input of materials at standard cost 19552$… what is the materials yield variance?
    ans says,1248(f).. but I guess it should b 1248(a)?? what’s wrong with my ans??

    March 5, 2016 at 5:46 pm #303656
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54758
    • ☆☆☆☆☆

    They actually produced 20,800, but they should only have produced 19,552 from the actual input.

    Therefore they produced more than we would have expected them to produce, and therefore the yield variance is favourable.

    March 5, 2016 at 9:10 pm #303699
    ridwanulfirdous
    Member
    • Topics: 31
    • Replies: 30
    • ☆☆

    thanks a lot sir.

    March 6, 2016 at 8:43 am #303755
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54758
    • ☆☆☆☆☆

    You are welcome 🙂

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