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Direct Material Mix SP Cost Tomato sauce 13 lbs $1.40 $18.20 Mix Proportion 0.325 0.375 0.300 Cheese 15 2.80 Sausage 42.00 25,20 12 2.10 Total
Direct Material Mix SP Cost Tomato sauce 13 lbs $1.40 $18.20 Mix Proportion 0.325 0.375 0.300 Cheese 15 2.80 Sausage 42.00 25,20 12 2.10 Total 40 lbs $85.40 Mangia put a batch of 2,000 pounds of direct materials (enough for 800 frozen sausage pizzas) into process. Of the total, 700 pounds were tomato sauce, 840 pounds were cheese, and the remaining 460 pounds were sausage. The actual yield was 780 pizzas. Required: 1. Calculate the yield ratio based on the standard amounts given. If required, round your answer to two decimal places. 2. Calculate the standard cost per pound of the yield. If required, round your answer to the nearest cent. X per pizza 3. Calculate the standard yield for actual input of 2,000 pounds of direct materials. X pizzas 4. Calculate the yield variance. If required, round your answer to the nearest cent. X Unfavorable 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? The yield variance would be Favorable Check My Work 2 more Check My Work uses remaining Previous
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