Calculating the Yield Variance Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangia developed the following standard mix for spreading on premade pizza shells to produce 17 giant-size sausage pizzas. Direct Material Mix Mix Proportion SP Standard Cost Tomato sauce 10 Ibs. 0.335 $1.40 $14.00 Cheese 11 0.370 2.80 30.80 Sausage 9. 0.295 2.00 18.00 Total 30 Ibs. $62.80 Mangia put a batch of 2,000 pounds of direct materials (enough for 1,133 frozen sausage pizzas) into process. Of the total, 640 pounds were tomato sauce, 840 pounds were cheese, and the remaining 520 pounds were sausage. The actual yield was 770 pizzas.

Calculating the Yield Variance Mangia Pizza Company makes frozen pizzas that are sold through grocery stores. Mangia developed the following standard mix for spreading on premade pizza shells to produce 17 giant-size sausage pizzas. Direct Material Mix Mix Proportion SP Standard Cost Tomato sauce 10 Ibs. 0.335 $1.40 $14.00 Cheese 11 0.370 2.80 30.80 Sausage 9. 0.295 2.00 18.00 Total 30 Ibs. $62.80 Mangia put a batch of 2,000 pounds of direct materials (enough for 1,133 frozen sausage pizzas) into process. Of the total, 640 pounds were tomato sauce, 840 pounds were cheese, and the remaining 520 pounds were sausage. The actual yield was 770 pizzas.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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