Question: Refer to Brief Exercise 9 . 9 . Required: Calculate the yield ratio based on the standard amounts given. Calculate the standard cost per pound
Refer to Brief Exercise
Required:
Calculate the yield ratio based on the standard amounts given.
Calculate the standard cost per pound of the yield rounded to the nearest cent
Calculate the standard yield for actual input of pounds of direct materials.
Calculate the yield variance.
What if the total pounds of direct materials put into process resulted in a yield of pizzas? How would that affect the yield variance?
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