EXERCISE 10-15 (CONTINUED) ALTERNATIVE SOLUTION

2. - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
2. a. and b. Lot Number 48 49 50 Total Standard yards: Units in lot (dozen) ... 1,500 950 2,100 4,550 Standard yards per dozen ... × 32 × 32 × 32 × 32 Total yards allowed ... 48,000 30,400 67,200 145,600 Actual yards used ... 48,300 30,140 67,250 145,690 Quantity variance in yards ... 300 U 260 F 50 U 90 UQuantity variance in dollars @ $2.40 per yard ... $720 U $624 F $120 U $216 U