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Yield variance

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

  • This topic has 0 replies, 1 voice, and was last updated 8 years ago by mika84.
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  • August 30, 2016 at 12:40 pm #336174
    mika84
    Member
    • Topics: 99
    • Replies: 149
    • ☆☆☆

    Sir, I m solving kit’s problems using your method. Mix is ok, but I have problems with yield variance. I calculate in columns: std mix (act.total usage) – std. cost-std mix(std. usage@act. production)- std. cost.
    Problem from Kit: JC Ltd mixes three materials to produce a chemical SGR. Std cost card for producing 100 kg of SGR:
    material A -50@$10/kg
    material B-40@$5/kg
    material C-20@$9/kg
    During October 23180 kg of SGR were produced using following materials in kg:
    material A – 13200
    material B- 7600
    material C- 5600

    answer:7216 (A)

    should I use method in kit or us it possible to solve using above- mentioned columns?

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