Calculate Material Yield Variance if Product M having standard mix of 500 kg @ $10 whose standard cost is $ 2400 and Product N having standard mix of 320 kg @ $20 whose standard cost is $ 3200. And the total input is of 800 kg as well as total standard cost is of $ 5600, but there was a loss of 60 of input so the output reduces from 800 to 560 kg.

Again as above facts actual mix was 600 kg and actual cost was $ 5760.