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A company produces a product that requires two materials, Material A and Material B. Details of the material quantities and costs for August are given in the table below.
Budgeted and actual output of the product for August was 12,000 units.
The material yield variance for August is:
Suggested Answer: C
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11 comments · newest first
CH
Chauncey
12 months ago
Totally agree with you, Fidelia!
AN
Annmarie
12 months ago
Wait, how can the variance be favorable and still be $1,340?
FR
Francine
1 year ago
Definitely $1,740 A, no doubt about it!
FI
Fidelia
1 year ago
I think the material yield variance is $1,590 A.
AL
Alton
1 year ago
The budgeted output was 12,000 units.
KA
Kathryn
1 year ago
I’m a bit confused about whether to consider both materials together or separately for the yield variance. I hope I remember the right approach!
HE
Hector
1 year ago
This question seems similar to one we did in class about material costs. I feel like the answer might be $1,590 A, but I need to double-check my calculations.
GL
Glen
1 year ago
I think the yield variance is based on the difference between actual and expected output, but I can't recall the exact formula we used.
EL
Elliot
1 year ago
I remember we practiced calculating material yield variances, but I'm not entirely sure how to apply it to this specific question.
NO
Novella
1 year ago
I feel pretty confident about this one. The GDPR is clear that any cookie that can identify an individual requires their explicit consent. So A is the right answer here.
LE
Lenora
1 year ago
This seems like a tricky one. I'll need to carefully weigh the options and consider the impact on the team and the customers.