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1. Calculate the yield ratio. If required, round your answer to two decimal places. 2. Calculate the standard cost per unit of the yield. If

1. Calculate the yield ratio. If required, round your answer to two decimal places. 2. Calculate the standard cost per unit of the yield. If required, round your answer to the nearest cent.3. Calculate the direct materials yield variance. If required, round your answer to the nearest cent.4. Calculate the direct materials mix variance. If required, round your answer to the nearest cent.

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Direct 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 bottling and sale to consumers. Chypre developed the following standard cost sheet: Direct Material Mix Mix Proportion SP Standard Cos Solvent mix 665 gallons 0.95 $5.4 $3591.00 Aromatic compounds 35 0.05 8010.00 280350.00 Total 700 gallons $283,941 Yield 630 gallons On May 2, Chypre produced a batch of 1,100 gallons with the following actual results: Direct Material Actual Mix Solvent mix 1,040.6 gallons Aromatic compounds 59.4 Total 1,100 gallons Yield 960 gallons Required: 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 two imal laces

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