Asked by Francies Guzman on Jun 22, 2024
Verified
Yield measures the ratio of the materials output quantity to the materials input quantity.
Yield Measures
Refer to the various ways to calculate the return on an investment, often considering interest or dividends received.
Materials Output
The quantity of materials produced or used in the production process within a specific period.
- Acquire knowledge on the concept of equivalent production units in a process costing system.
Verified Answer
CV
Carlos VilarinoJun 23, 2024
Final Answer :
True
Explanation :
Yield is calculated by dividing the output quantity by the input quantity. Therefore, yield measures the ratio of the materials output quantity to the materials input quantity.
Learning Objectives
- Acquire knowledge on the concept of equivalent production units in a process costing system.
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