SCENARIO Your job on this assignment is to determine how much of the firm's direct...
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Accounting
SCENARIO
Your job on this assignment is to determine how much of the firm's direct materials quantity variance is due to a mix variance and how much is due to a yield variance. The firm uses five DM inputs. The standard and actual figures for these five inputs is given in the Google Sheet linked below.
As a check figure, the firm has a total DM quantity variance of $94,450.
5 5
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You can see the logs in the Dashboard.