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
1,150 hours × $14.00 per hour 900 hours × $14.00 per hour $13,800 = $16,100 = $12,600 ↑ ↑ ↑Rate Variance, $2,300 F Efficiency Variance, $3,500 U Total Variance, $1,200 U Alternative Solution: Labor rate variance = AH (AR – SR)