EXERCISE 10-15 (CONTINUED) ALTERNATIVE SOLUTION

5. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD 5. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
5. Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials... 4.8 feet $3.00 per foot $14.40 Direct labor... 2.0 hours $5.00 per hour 10.00 Variable overhead... 2.0 hours $1.30 per hour 2.60 Total standard cost ... $27.00 Problem 10-26 (60 minutes)