Presentation is loading. Please wait.

Presentation is loading. Please wait.

MINGGU 3. Mix Variance is the result of mixing basic materials in a ratio that differs from standard materials specifications Yield Variance is the result.

Published byMagnus Turner Modified over 9 years ago

Similar presentations

Presentation on theme: "MINGGU 3. Mix Variance is the result of mixing basic materials in a ratio that differs from standard materials specifications Yield Variance is the result."— Presentation transcript:

1 MINGGU 3

2 Mix Variance is the result of mixing basic materials in a ratio that differs from standard materials specifications Yield Variance is the result of obtaining a yield different fro what would be expected fro actual input (Carter & Usry, p.18-16 – 18-17)

3 1. Price Variance 2. Mix Variance 3. Yield Variance 4. Quantity Variance

4 ( Qt x C.act ) – ( Qt x C. st ) or (C.act – C.st) Qt Notes: C.act > C.st = Unfavorable C.act < C.st = Favorable

5 (Qt x C.st) – ( Qt.ac.t x C.st.in) Notes: (Qt x C.st) > ( Qt.ac.t x C.st.in) = UF (Qt x C.st) < ( Qt.ac.t x C.st.in) = F Qt.ac.t = Total actual quantity C.st.in = average Standard cost for input

6 ( Qt.ac.t x C.st.in) – (Qt.st.t x C.st.out) Notes: ( Qt.ac.t x C.st.in) > (Qt.st.t x C.st.out) = UF ( Qt.ac.t x C.st.in) < (Qt.st.t x C.st.out) = F C.st.out = Standard cost for output

7 ( Qt.act – Qt.st ) x C.st Mix variance + Yield variance = Quantity variance

Download ppt "MINGGU 3. Mix Variance is the result of mixing basic materials in a ratio that differs from standard materials specifications Yield Variance is the result."

Similar presentations

Identifying the Average Rate of Change

Identifying the Average Rate of Change
Using Impact Analysis to Calculate Arc Elasticity of Price Ted Mitchell.

Using Impact Analysis to Calculate Arc Elasticity of Price Ted Mitchell.
Limiting Reactants and Percent Yields

Limiting Reactants and Percent Yields
Copyright © 2008, The McGraw-Hill Companies, Inc.McGraw-Hill/Irwin Chapter Eleven Standard Costs and the Balanced Scorecard.

Copyright © 2008, The McGraw-Hill Companies, Inc.McGraw-Hill/Irwin Chapter Eleven Standard Costs and the Balanced Scorecard.
Chapter 15 Fundamentals of Variance Analysis. 15-2 Learning Objectives 4.Prepare and use a profit variance analysis. 2.Develop and use flexible budgets.

Chapter 15 Fundamentals of Variance Analysis Learning Objectives 4.Prepare and use a profit variance analysis. 2.Develop and use flexible budgets.
Problem – 12 (Variance) In standard Costing, certain “ratios” are used to illustrate effective use of the resources of the company. Define these ratios.

Problem – 12 (Variance) In standard Costing, certain “ratios” are used to illustrate effective use of the resources of the company. Define these ratios.
Cost Variances for Fixed and Variable Overhead Variances for Variable Overhead Variances for Fixed Overhead.

Cost Variances for Fixed and Variable Overhead Variances for Variable Overhead Variances for Fixed Overhead.
Copyright © 2006, The McGraw-Hill Companies, Inc.McGraw-Hill/Irwin Standard Costs and Variance Analysis Chapter Ten & Eleven.

Copyright © 2006, The McGraw-Hill Companies, Inc.McGraw-Hill/Irwin Standard Costs and Variance Analysis Chapter Ten & Eleven.
Standard costing variance analysis kaizen costing

Standard costing variance analysis kaizen costing
WEEK 2.  Define standard cost  Explain how standard are set  Compute the standard cost of actual or equivalent units produced  Compute standard cost.

WEEK 2.  Define standard cost  Explain how standard are set  Compute the standard cost of actual or equivalent units produced  Compute standard cost.
Additional Topics in Variance Analysis Chapter 17 Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.

Additional Topics in Variance Analysis Chapter 17 Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
Direct Material Variances Managerial Accounting Prepared by Diane Tanner University of North Florida Chapter 45.

Direct Material Variances Managerial Accounting Prepared by Diane Tanner University of North Florida Chapter 45.
Lecture 6 Cost Variances for Direct Costs. The derivation of the price and efficiency variances AP ACTUAL COST AQ AP = actual price per unit of input.

Lecture 6 Cost Variances for Direct Costs. The derivation of the price and efficiency variances AP ACTUAL COST AQ AP = actual price per unit of input.
Chapter 17 – Additional Topics in Variance Analysis

Chapter 17 – Additional Topics in Variance Analysis
McGraw-Hill/IrwinCopyright ©2008 The McGraw-Hill Companies, Inc. All rights reserved. Fundamentals of Variance Analysis Chapter 16.

McGraw-Hill/IrwinCopyright ©2008 The McGraw-Hill Companies, Inc. All rights reserved. Fundamentals of Variance Analysis Chapter 16.
Material variances 1) Material cost variance 2) Material price variance 3) Material usage or quantity variance 4) Material mix variance 5) Material mix.

Material variances 1) Material cost variance 2) Material price variance 3) Material usage or quantity variance 4) Material mix variance 5) Material mix.
Chapter 21 Flexible Budgets and Standard Costing.

Chapter 21 Flexible Budgets and Standard Costing.
Copyright © 2015 Pearson Education, Inc., All Rights Reserved Flexible Budgets, Direct-Cost Variances, and Management Control.

Copyright © 2015 Pearson Education, Inc., All Rights Reserved Flexible Budgets, Direct-Cost Variances, and Management Control.
Do other companies like BMW Group use manufacturing standards to guide performance at their plants? 1.Yes 2.No.

Do other companies like BMW Group use manufacturing standards to guide performance at their plants? 1.Yes 2.No.
: Mrs. Kamlesh.  Standard cost is: A predetermined cost. Used for cost-control. And the technique is known as standard costing.

: Mrs. Kamlesh.  Standard cost is: A predetermined cost. Used for cost-control. And the technique is known as standard costing.

Similar presentations

Ads by Google