Question 13:- Material yield variance is favourable if the a) Actual output exceeds over standard output. b) Standard output is more than actual output. Standard quantity for the actual output exceeds actual quantity d) Actual quantity exceeds standard quantity for actual output Question 14:- The profit-volume ratio will be reduced by..... Reducing the variable costs Reducing the sales mix of low profit-volume products Increasing the selling price and variable cost with equal percentage Increasing the selling price and variable cost with equal amount