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Direct Materials Mix and Yield Variances
Chypre, Inc., produces a cologne mist using a solvent mix water and developed the following standard cost sheet:
tableDirect Material,Mix,Mix ProportionSolvent mix, gallons,Aromatic compounds,Total gallons,Yield gallons,
On May Chypre produced a batch of gallons with the following
tableDirect Material,Actual MixSolvent mix, gallonsAromatic compounds, gallonsYield gallons
Required:
Instructions for parts and : If a variance is zero, enter at
Calculate the yield ratio. If required, round your answer to two
Calculate the standard cost per unit of the yield. If required, roun per unit of the yield
Calculate the direct materials yield variance. If required, round yo Unfavorable
Calculate the direct materials mix variance. If required, round yot
more Check My Work uses remaining.
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