Stronghold Corporation uses two materials P and Q to manufacture a product The following standards...
60.1K
Verified Solution
Link Copied!
Question
Statistics
Stronghold Corporation uses two materials P and Q to manufacture a product The following standards are provided Standard unit price 2 5 Materials P Q Yield Standard Mix 55 units 45 units Yield 68 units During the month of November the following actual production information was provided Materials Actual Mix P 3 000 units Q 2 000 units Standard cost 110 225 3 000 units Required 1 Without computing the yield variance please explain whether the yield variance is favorable or unfavorable
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
