EXERCISE 10-9 (30 MINUTES)

20, - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
20,000 microns × $0.50 per micron = $10,000 ↑ Quantity Variance, $1,000 U *3,000 toys × 6 microns per toy = 18,000 microns Alternatively: Materials price variance = AQ (AP – SP)