Production of a product utilizes materials D, E, and F. The following are their standards:
During August, the following actual production information was provided:
Material Actual Mix
D 37,000 units
E 17,000 units
F 7,000 units
Yield 50,000 units
Required:
Calculate the materials mix, yield, and usage variances.

Question

Production of a product utilizes materials D, E, and F. The following are their standards:
  During August, the following actual production information was provided:
Material Actual Mix
D 37,000 units
E 17,000 units
F 7,000 units
Yield 50,000 units
Required:
Calculate the materials mix, yield, and usage variances.

Quizplus · Accepted Answer

The Answer of Production of a product utilizes materials D, E, and F. The following are their standards:
  During August, the following actual production information was provided:
Material Actual Mix
D 37,000 units
E 17,000 units
F 7,000 units
Yield 50,000 units
Required:
Calculate the materials mix, yield, and usage variances.

Production of a Product Utilizes Materials D, E, and F