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ord - CengageNOWv2 | Online teaching and learning resource from Cengage Learning May 2, Chypre produced a batch of 1,100 gallons with the following actual

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ord - CengageNOWv2 | Online teaching and learning resource from Cengage Learning May 2, Chypre produced a batch of 1,100 gallons with the following actual results: Direct Material Actual Mix Solvent mix 1,041.7 gallons Aromatic compounds 58.3 Total 1,100 gallons Yield 975 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 to two decimal places. 2. Calculate the standard cost per unit of the yield. If required, round your answer to the nearest cent. $ per unit of the yield 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. $2. EX.09.17.ALGO (Algorithmic) 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 Cost Solvent mix 665 gallons 0.95 $5.45 $3624.25 Aromatic compounds 35 0.05 8010.00 280350.00 Total 700 gallons $283,974.25 Yield 651 gallons ps://v2.cengagenow.com/ilrn/takeAssignment/printUntakenAssignment.do?assignmentld=2262009 1/

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