Gallons of output for October and November were 45,000 and 56,000, respectively. Gallons of input for October and November were 46,000 and 64,000, respectively. Which of the following statements is true? a. The yield for October was 0.98. Xb. all of the above c. The yield is deteriorating, and the cause of the loss should be investigated. d. The yield for November was 0.88.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 24E: Rosenberry Company computed the following revenue variances for January: Revenue price variance...
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Gallons of output for October and November were 45,000 and 56,000, respectively. Gallons of input for October
and November were 46,000 and 64,000, respectively. Which of the following statements is true?
a. The yield for October was 0.98.
X Ob. all of the above
c. The yield is deteriorating, and the cause of the loss should be investigated.
Od. The yield for November was 0.88.
Transcribed Image Text:Gallons of output for October and November were 45,000 and 56,000, respectively. Gallons of input for October and November were 46,000 and 64,000, respectively. Which of the following statements is true? a. The yield for October was 0.98. X Ob. all of the above c. The yield is deteriorating, and the cause of the loss should be investigated. Od. The yield for November was 0.88.
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