EXERCISE 10-1 (20 MINUTES)

8. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
8.0 quarts – 7.6 quarts = 0.4 quarts) ... 0.4 quarts Total ... 8.0 quarts Add allowance for rejected units (8.0 quarts ÷ 40 bottles)... 0.2 quarts Standard quantity per salable bottle of solvent ... 8.2 quarts