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Oshawa Pizza Company produces 15 inch frozen pizzas for sale in grocery stores. The company uses a standard cost system. Each pizza comes with three

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Oshawa Pizza Company produces 15 inch frozen pizzas for sale in grocery stores. The company uses a standard cost system. Each pizza comes with three toppings (in addition to cheese): pepperoni, mushrooms, and green peppers. The toppings are substitutable and there is some discretion used in the mix of these toppings. The company also uses two types of direct labor: skilled and unskilled. There is also some discretion exercised in the mix of these types of labor in the production process. The standards for the use of these materials and labor in preparing one pizza are attached During the month of June, the company produced 15,000 pizzas, using the inputs in the attached list. REQUIRED: Compute the direct materials quantity, mix, and yield variances for each type of material and in total. Round all standard mix percentages to two decimal places (four places in al and all dollar calculations to the nearest whole dollar Compute the direct labor efficiency, mix, and yield variances for each type of labor and in total. Round all standard mix percentages to two decimal places (four places in all) and all dollar calculations to the nearest whole dollar (2) OSHAWA PIZZA COMPANY STANDARDS FOR MATERIALS AND LABOR USED IN PREPARING ONE PIZZA Green Peppers Skilled Labor Unskilled Labor 2 ounces at SO.30 per ounce 2 ounces at S0.10 per ounce 3 ounces at $0.15 per ounce 5 minutes at $10 per hour 8 minutes at $7.50 per hour OSHAWA PIZZA COMPANY ACTUAL RESULTS FOR PRODUCTION OF PIZZAS FOR MONTH OF JUNE Green Peppers Skilled Labor Unskilled Labor 1,800 pounds 1,900 pounds 2,825 pounds 1,225 hours 2,200 hours

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