EXERCISE 10-15 (CONTINUED) ALTERNATIVE SOLUTION

4.8 feet + 0.2 feet = 5.0 feet. With these figures, the variances can be computed as follows: Actual Quantity Standard Quantity of Input, at Allowed for Output, at Standard Price Input, at Standard PriceActual Price Actual Quantity of (AQ × AP) (AQ × SP) (SQ × SP)