EXERCISE 10-15 (CONTINUED) ALTERNATIVE SOLUTION

12,000 yards ($3.80 per yard* – $4.00 per yard) = $2,400 F *$45,600 ÷ 12,000 yards = $3.80 per yard Materials quantity variance = SP (AQ – SQ) $4.00 per yard (12,000 yards – 11,200 yards) = $3,200 U Problem 10-31 (continued)