EXERCISE 10-15 (CONTINUED) ALTERNATIVE SOLUTION

1. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
1. The standard quantity of plates allowed for tests performed during the month would be: Blood tests... 1,800Smears... 2,400Total... 4,200Plates per test... × 2Standard quantity allowed... 8,400 The variance analysis for plates would be: Actual Quantity Standard Quantity Actual Quantity of of Input, at Allowed for Output, Input, at Actual Price Standard Price at Standard Price (AQ × AP) (AQ × SP) (SQ × SP)