The production cost yield variance is conceptually the same as the sales quantity variance.

Question

Quizplus · Accepted Answer

The production cost yield variance and the sales quantity variance are both measures of the difference between the actual output and the expected output. The production cost yield variance measures the difference between the actual cost of production and the expected cost of production, while the sales quantity variance measures the difference between the actual sales volume and the expected sales volume.

The Production Cost Yield Variance Is Conceptually the Same as the Sales