Question: Direct Materials Usage Variance, Direct Materials Mix and Yield Variances Vet-Pro, Inc., produces a veterinary grade anti-anxiety mixture for pets with behavioral pr heated to
Direct Materials Usage Variance, Direct Materials Mix and Yield Variances Vet-Pro, Inc., produces a veterinary grade anti-anxiety mixture for pets with behavioral pr heated to produce a chemical that is sold to companies that produce the anti-anxiety pills. The mixture is produced in batches and has the following standards: Direct Material Standard Mix Standard Unit Standard Price Cost Aranol 2,400 gallons $6.00 per gallon$14,400 Lendyl 17,600 20, 0 galle s 16,000 gallons 8.00 140,800 Total Yield During March, the following actual production information was provided: $ 155,200 Direct Material Aranol Lendyl Actual Mix 60,000 gallons 140,000 Total Yield Required: 200,000 gallons 166,000 gallons Lendyl 17,600 20,000 gallons 16,000 gallons 8.00 140,800 $ 155,200 Total Yield During March, the following actual production information was provided: Direct Material Act al Mix Aranol Lendyl 60,000 gallons 140,000 200,000 gallons 166,000 gallons Total Yield Required: 1. Compute the direct materials mix and yield variances. In your computations, round the standard cost of the yield to 3 decimal places. Use rounded number in the subsequent computations. Mix variance Yield variance 2. Compute the total direct materials usage variance for Aranol and Lendyl
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