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Dear sir please give me some guidance
I saw in bpp kit that the formula for yield and quantity variance are same
Actual quantity , std mix
Std quantity , std mixI am confused
Thanks
You need to watch my free lectures on mix and yield variances!
Our free lectures are a complete course for Paper F5 and cover everything needed to be able to pass the exam well. I obviously cannot type out all of the lectures here 🙂
Dear sir , thanks for the suggest, I have watched all of your Amazing video and print all the notes which is helping me lots , but I just watched it again , I have understood about mix and yield the thing is when I was using bpp kit there are many question asking quantity variance and they solving it with the yield variance formula that you taught us, so are the quantity and yield variance same or is it different ?
Thanks
Sir I am still confused , – what are the differencebetween-quantity variance and yield variance? Please help me
ThanksSir, I went through some of materials on line. I found that question of sales Refers to sales mix and sales quantity variances, and question about Material or production refers to Material mix variance and material yield variances and both consequences use same formula . Am I getting it right or wrong sir ?
Thanks
You are confusing the two.
Materials variances are analysed into expenditure, mix and yield.
Sales variances are analysed into price, mix and quantity.
The basic logic for both is the same.
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