The computation of the material yield variance does not require the
A)standard material mix.
B)standard material price.
C)standard output units.
D)total material actually used.
E)total material actually acquired.

Question

Quizplus · Accepted Answer

The material yield variance is calculated by comparing the amount of material that should have been used based on the standard mix and output units to the actual amount of material used. Therefore, it only requires the standard material mix, standard output units, and total material actually used. The standard material price is used to calculate the material price variance, not the material yield variance.

The Computation of the Material Yield Variance Does Not Require