i need the answer to #3 i tried 111471.59 didnt work either the...
80.2K
Verified Solution
Link Copied!
Question
Accounting
i need the answer to #3
i tried 111471.59 didnt work either
the answer to #2 is rounded so make sure u calculate it first.
thanks
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 Solvent mix Aromatic compounds Mix Mix Proportion 0.95 0.05 SP Standard Cost $3990.00 323600.00 $327,590 760 gallons $5.25 40 800 gallons 720 gallons 8090.00 Total Yield On May 2, Chypre produced a batch of 1,100 gallons with the following actual results: Direct Material Solvent mix Aromatic compounds Actual Mix 1,041.7 gallons 58.3 Total Yield Required Instructions for parts 3 and 4: If a variance is zero, enter "O" and select "Not applicable" from the drop down bo>x 1. Calculate the yield ratio. If required, round your answer to two decimal places 1,100 gallons 965 gallons 0.90 2. Calculate the standard cost per unit of the yield. If required, round your answer to the nearest cent. 454.99 per unit of the yield
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
