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 855gallons 0.95 $5.5 $4702.50

Aromatic compounds 45 0.05 8080.00 363600.00

Total 900gallons $368,302.5

Yield 837gallons

On May 2, Chypre produced a batch of 1,300 gallons with the following actual results:

Direct Material Actual Mix

Solvent mix 1,228.5gallons

Aromatic compounds 71.5

Total 1,300gallons

Yield 1,180gallons

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.

2.Calculate the standard cost per unit of the yield. If required, round your answer to the nearest cent.

3.Calculate the direct materials yield variance. If required, round your answer to the nearest cent.

4.Calculate the direct materials mix variance. If required, round your answer to the nearest cent.