I just finished a successful upgrade from Mavericks 10.9.5 to Yosemite 10.10. My
Z87Mav system is based on a Gigabyte GA-Z87-D3H with ALC892 audio. I followed the instructions posted by tonymacx86 at the beginning of this thread. However, things went off the tracks after running MultiBeast and selecting in ALC892 audio.
With ALC892 audio selected I experienced the same problem many have experienced. When I booted from my system drive, the system hung on the screen with the large progress bar. What I quickly figured out was this: if your hard drive light is not showing lots of activity when the progress bar displays, your boot has crashed or hung. I also found that if I did not select in ALC892 audio in MultiBeast, my system would boot. However, I had no audio (System Preferences showed no audio available). At this point it seemed that the ALC892 kext must be the problem.
Searching the Internet, I found some discussions indicating that the audio drivers for Yosemite had changed and that the Mavericks drivers would not work with Yosemite. This seemed consistent with my observations on the ALC892 kext being installed by MultiBeast. After more searching, I came across this solution:
https://github.com/toleda/audio_pikeralphaALC
The information on this page was a bit complicated, but by closely following the provided steps I was able to get an ALC892 kext that worked with Yosemite. After installing the kext per the site instructions, I did find that I had to go into System Preferences Sound, select the Output tab, and select "Line Out". For whatever reason, the default was "Digital Out".
Given all of this, it would seem that the ALC8xx audio drivers in MultiBeast 7.0.0 will require some kind of update (this is conjecture on my part but it's a conclusion that is consistent my experience). In the mean time, if your motherboard has ALC8xx audio that you can't get working, you might give this solution a try.
[EDIT]
After more digging around I found that MultiBeast 7.0.0 already covers the ALC892 issue. Under audio drivers I had to pick ALC892
and Optional 3 Port (5.1) Audio. This worked.