Refer to Cornerstone Exercise 9-9. Required: 1. Calculate the yield ratio based on the standard amounts given.

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Refer to Cornerstone Exercise 9-9.

Required:

1. Calculate the yield ratio based on the standard amounts given.

2. Calculate the standard cost per pound of the yield.

3. Calculate the standard yield for actual input of 2,000 pounds of direct materials.

4. Calculate the yield variance.
5. What if the total 2,000 pounds of direct materials put into process resulted in a yield of 825 pizzas? How would that affect the yield variance?LO1

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Introduction To Cost Accounting

ISBN: 9780538749633

1st International Edition

Authors: Don R. Hansen, Maryanne Mowen, Liming Guan, Mowen/Hansen

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Question Posted: Jun 21, 2024 09:08 AM

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Refer to Cornerstone Exercise 9-9. Required: 1. Calculate the yield ratio based on the standard amounts given.

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Introduction To Cost Accounting

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