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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

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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: Mix Mix Proportion Direct Material Solvent mix Aromatic compounds Total 855 gallons 0.95 $5.25 8010.00 Standard Cost $4488.75 360450.00 0.05 900 gallons 828 gallons $364,938.75 Yield On May 2, Chypre produced a batch of 1,300 gallons with the following actual results: ) Direct Material Actual Mix Solvent mix 1,2311 gallons Aromatic compounds Total 1.300 gallons Yield 1.160 gallons 3. Calculate the direct materials yield variance. If required, round your answer to the nearest cent. Unfavorable 4. Calculate the direct materials mix variance. If required, round your answer to the nearest cent. Unfavorable

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