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. Standard cost for March production: Materials... $16,800 Direct labor... 10,500Variable manufacturing overhead... 4,200Total standard cost (a) ... $31,500 Number of backpacks produced (b)... 1,000Standard cost of a single backpack (a) ÷ (b)... $31.50