Question: The labor yield variance equals (Inputs allowed - inputs used) x budgeted weighted-average labor rate for the planned mix (Inputs allowed - inputs used) x

The labor yield variance equals (Inputs allowed - inputs used) x budgeted weighted-average labor rate for the planned mix (Inputs allowed - inputs used) x budgeted weighted-average materials unit price for the planned mix (Budgeted weighted-average materials unit cost for planned mix - budgeted weighted-average materials unit cost for actual mix) x inputs used (Budgeted weighted-average labor rate for planned mix - budgeted weighted-average labor rate for actual mix) x inputs used

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