Sales Margin Yield Variance

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Definitions
Standard Mix
Standard Mix Direct Materials Mix Variance Direct Materials Yield Variance Sales Margin Mix Variance Sales Margin Yield Variance Manufacturing Sales Budgeting
Standard Mix refers to the predetermined proportions set for the use of different materials in the manufacturing process or the budgeted total volume of sales expressed in proportions of a range of related products. This helps in calculating various variances such as direct materials mix variance, direct materials yield variance, sales margin mix variance, and sales margin yield variance.
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