EXERCISE 10-2 (20 MINUTES)

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. Number of helmets ... 35,000Standard kilograms of plastic per helmet ... × 0.6Total standard kilograms allowed ... 21,000Standard cost per kilogram ... × RM 8 Total standard cost ... RM 168,000Actual cost incurred (given) ... RM 171,000Total standard cost (above) ... 168,000Total material variance—unfavorable... RM 3,000