Lamson Sauces produces a hot sauce using tomatoes and chili peppers. Lamson developed the following standard cost sheet:

On March 2, Lamson produced a batch of 32,000 ounces with the following actual results:
Direct Material Actual Mix
Tomatoes .......25,600 ounces
Chili peppers ....... 6,400
Total ..........32,000 ounces
Yield ..........25,400 ounces
Required:
1. Calculate the yield ratio.
2. Calculate the standard cost per unit of yield.
3. Calculate the direct materials yield variance.
4. Calculate the direct materials mixvariance.

Transcribed Image Text:

Direct MaterialMix Mix Proportion SP Standard Cost 180 ounces 0.90 0.10 s0.015 0.030 $2.70 0.60 $3.30 Tomatocs Chili peppers 20 Totals 200 ouncCs Yield 165 ounces