birect Materials Mix and Yield Variances Chypre, Inc., produces...

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birect Materials Mix and Yield Variances Chypre, Inc., produces a cologne mist using a solvent mix (water and pure alcohol) and aromatic compounds (the scent base) that it sells to other companies for botting and sale to consumers. Chypre developed the following standard cost sheet: Direct Material Solvent mix Aromatic compounds Mix Proportion 0.95 0.05 Standard Cost $4370.00 321200.00 $325,570 Mix SP 760 gallons $5.75 40 800 gallons 720 gallons 8030.00 Total Yield On May 2, Chypre produced a batch of 1,000 gallons with the following actual results: Direct Material Solvent mix Aromatic compounds Actual Mix 946 gallons 54 Total Yield Required: 1,000 gallons 880 gallons Instructions for parts 3 and 4: If a variance is zero, enter "0" and select "Not applicable from the drop down box. 1. Calculate the yield ratio. If required, round your answer to two decimal places. 0.90 2. Calculate the standard cost per unit of the yield. If required, roundlyour answer to the nearest cent. 452.18 per unit of the yield 3. Calculate the direct materials yield variance. If required, round your answer to the nearest cent. 9,043.6 Unfavorable v 4. Calcula te the direct materials mix variance. If required, round your answer to the nearest cent. 40,178.75X Unfavorable v Fencback Y Check My Work Check My Work Previous Next

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