Mix and Yield Variances SIMPLIFIED | ACCA PM | Mix Yield Variance Analysis made EASY

🚀 Get PM Revision Help https://www.stevewillistraining.com 🚀 If you are stuck on Mix and Yield Variances, here is a simple explanation of this difficult variance analysis topic. I take you through the basic concepts of the mix and yield variances so you can start solving questions and learn how to pass your ACCA PM exam. Variance analysis made easy :)

++++++++++++++++++++

00:00 Introduction
01:36 Find the cheap and expensive inputs
01:56 Find the Cost Card
02:08 Standard Cost per Unit
03:24 Now we have the Standard Cost Card
03:49 Flexed Budget: "how much should 2 cost?"
10:05 Mix Variance Explained: ratio of inputs
11:03 Yield Variance Explained: "did inputs yield expected outputs?"

++++++++++++++++++++

Steve Willis ACCA
www.stevewillistraining.com
How to pass ACCA exams

If you'd like a longer explanation of the mix and yield variance, check out John Moffat's video at Open Tuition: https://www.youtube.com/watch?v=xaLtPW7p_hU

#acca #accatips #accarevision #accaexam #accapm