SP Calculating the Yeld Variance Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangla developed the following standard mix for spreading on premade pizza shells to produce 18 giant-size sausage pizzas. Direct Material Mix Mix Proportion Standard Cost Tomato sauce 10 lbs. 0.325 $1.50 $15.00 Cheese 0.365 2.90 31.90 Sausage 0.310 18.00 Total $64.90 Mangia put a batch of 2,000 pounds of direct materials (enough for 1,200 frozen sausage pizzas) into process. Of the total, 680 pounds were tomato sauce, 840 pounds were cheese, and the remaining 480 pounds were sausage. The actual yield was 750 pizzas. Required: 11 9 2.00 30 lbs. 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. per pizza 3. Calculate the standard yield for actual input of 2,000 pounds of direct materials. Do not round intermediate calculations. Round your final answer to nearest whole number. pizzas 4. Calculate the yield variance. Do not round intermediate calculations, except for number of pizzas which should be rounded to nearest whole number. If required, round your final answer to the nearest cent. Unfavorable 5. What if the total 2,000 pounds of direct materials put into process resulted in a yield of 1,225 pizzas? How would that affect the yield variance? The yield variance would be Favorable