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How the labor yield variance equals

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Reference no: EM132561774

Question 1. The labor yield variance equals

a. (Inputs allowed - inputs used) x budgeted weighted-average materials unit price for the planned mix.

b. (Budgeted weighted-average labor rate for planned mix - budgeted weighted-average labor rate for actual mix) x inputs used.

c. (Inputs allowed - inputs used) x budgeted weighted-average labor rate for the planned mix.

d. (Budgeted weighted-average materials unit cost for planned mix - budgeted weighted-average materials unit cost for actual mix) x inputs used.

Question 2. The labor mix variance equals

a. (Inputs allowed - inputs used) x budgeted weighted-average materials unit price for the planned mix.

b. (Budgeted weighted-average labor rate for planned mix - budgeted weighted-average labor rate for actual mix) x inputs used.

c. (Inputs allowed - inputs used) x budgeted weighted-average labor rate for the planned mix.

d. (Budgeted weighted-average materials unit cost for planned mix - budgeted weighted-average materials unit cost for actual mix) x inputs used

Question 3. The materials yield variance equals

a. (Inputs allowed - inputs used) x budgeted weighted-average materials unit price for the planned mix.

b. (Budgeted weighted-average labor rate for planned mix - budgeted weighted-average labor rate for actual mix) x inputs used.

c. (Inputs allowed - inputs used) x budgeted weighted-average labor rate for the planned mix.

d. (Budgeted weighted-average materials unit cost for planned mix - budgeted weighted-average materials unit cost for actual mix) x inputs used.

Reference no: EM132561774

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