EXERCISE 10-8 (20 MINUTES)

3. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
3. The standard cost of the white chocolate in a dozen truffles is deter-mined as follows: Standard quantity of white chocolate (a)... 0.75 kilogram Standard price of white chocolate (b) ... £7.24 per kilogram Standard cost of white chocolate (a) × (b).... £5.43