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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 base) that it sells to other companies for bottling and sale to consumers. Chypre developed the following sta compounds (the ndard cost sheet: Direct Material Solvent mix Aromatic compounds Mix Mix Proportion 0.95 0.05 SP 760 gallons 40 800 gallons 720 gallons Standard Cost $4370.00 321200.00 $325,570 $5.75 8030.00 Total Yield On May 2, Chypre produced a batch of 1,000 gallons with the following actual results: Direct Material Solvent mix Aromatic compounds Actual Mix 946 gallons 54 Total Yield 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. 1,000 gallons 880 gallons 0.90 2. Calculate the standard cost per unit of the yield. If required, round your answer to the nearest cent. 452.18 per unit of the yield 3. Calculate the direct materials yield variance. If required, round your answer to the nearest cent. 9,043.6 Unfavorable v 4. Calculate the direct materials mix variance. If required, round your answer to the nearest cent. 113,489.50 x unfavorable Feedback Y Check My Work

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