Formula for material yield variance

Q.  Material yield variance is measured using formula
- Published on 09 Sep 15

a. (Actual yield + Standard yield) * Standard cost per unit
b. Standard cost of revised standard mix - Standard cost of actual mix
c. (Standard unit price - Actual unit price) * Actual quantity used
d. (Actual yield - Standard yield) * Standard cost per unit

ANSWER: (Actual yield - Standard yield) * Standard cost per unit

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