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 Mix Mix Proportion SP Standard Cost Solvent mix $760$ gallons $0\mathrm{.}95$ $ $5\mathrm{.}27$ $ $4,005\mathrm{.}20$ Aromatic compounds $400\mathrm{.}058,000\mathrm{.}00320,000\mathrm{.}00$ Total $800$ gallons $$324,005\mathrm{.}20$ Yield $720$ gallons On May $2,$ Chypre produced a batch of $1,000$ gallons with the following actual results: Direct Material Actual Mix Solvent mix $945$ gallons Aromatic compounds $55$ Total $1,000$ gallons Yield $880$ gallons