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 yield.
3. Calculate the direct materials yield variance.
4. Calculate the direct materials mix variance.

Transcribed Image Text:

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