EXERCISE 10-15 (CONTINUED) ALTERNATIVE SOLUTION

16, - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD 16, - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
16,500 hours × SR = $82,500 SR = $82,500 ÷ 16,500 hours SR = $5.00 per hour * When used in the formula, a favorable variance is negative. Problem 10-25 (continued) Given these figures, the variances are: Actual Hours of Standard Hours Input, at the Allowed for Output, at Actual Rate Actual Hours of Input, at the Standard Ratethe Standard Rate (AH × AR) (AH × SR) (SH × SR)