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 acquired.

Question

Quizplus · Accepted Answer

The material yield variance is concerned with the efficiency of material usage, not the quantity acquired. It focuses on the difference between the actual output and the expected output based on the standard input.

The Computation of the Material Yield Variance Does Not Require