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
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.
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
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.
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