Standard Mix in Financial Formulas

Standard Mix refers to the total amount of materials that should be used in production according to the established standards for a given level of output. And is denoted by SM.

Financial formulas that make use of Standard Mix

fxRevised Standard Hours of LaboursGo

FAQ

What is the Standard Mix?

Standard Mix refers to the total amount of materials that should be used in production according to the established standards for a given level of output.

Can the Standard Mix be negative?

{YesorNo}, the Standard Mix, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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