Verde Sabor produces a green enchilada sauce using tomatoes and green chili peppers Verde developed the following standard cost sheet On March 2, Verde produced a batch of 112,000 ounces with the following actual results Required 1 Calculate the yield ratio 2 Calculate the standard cost per unit of...

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Verde Sabor produces a green enchilada sauce using tomatoes and green chili peppers. Verde developed the following

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Verde Sabor produces a green enchilada sauce using tomatoes and green chili peppers.

Verde developed the following standard cost sheet:

image text in transcribed

On March 2, Verde produced a batch of 112,000 ounces with the following actual results:

image text in transcribed

Required:
1. Calculate the yield ratio.
2. Calculate the standard cost per unit of yield.
3. Calculate the direct materials yield variance.
4. Calculate the direct materials mix variance.

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Cost Management Accounting And Control

ISBN: 9780324233100

5th Edition

Authors: Don R. Hansen, Maryanne M. Mowen

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Question Posted: Jun 10, 2024 01:22 AM

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Verde Sabor produces a green enchilada sauce using tomatoes and green chili peppers. Verde developed the following

Question:

Direct Material Mix Mix Proportion SP Standard Cost Tomatoes 630 ounces 0.90 $0.020 $12.60 Chili peppers Total 70 0.10 0.026 1.82 700 ounces $14.42 Yield 577.5 ounces

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Cost Management Accounting And Control

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