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