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Troy University - Welcome to N HWCH9 enow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignme eBook Direct Materials...

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Accounting

Troy University - Welcome to N
HWCH9
enow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignme
eBook
Direct Materials Mix and Yield Variances
Chypre, Inc., produces a cologne mist using a solvent mix (water and developed the following standard cost sheet:
\table[[Direct Material,Mix,Mix Proportion],[Solvent mix,760 gallons,0.95],[Aromatic compounds,40?,0.05..],[Total,800? gallons,],[Yield,?bar(752) gallons,]]
On May 2, Chypre produced a batch of 1,100 gallons with the following
\table[[Direct Material,Actual Mix],[Solvent mix,1,039.5 gallons],[Aromatic compounds,60.5],[,1,100 gallons],[Yield,980 gallons]]
Required:
Instructions for parts 3 and 4: If a variance is zero, enter "0" at
Calculate the yield ratio. If required, round your answer to two
Calculate the standard cost per unit of the yield. If required, roun per unit of the yield
Calculate the direct materials yield variance. If required, round yo Unfavorable
Calculate the direct materials mix variance. If required, round yot
3 more Check My Work uses remaining.
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