EXERCISE 10-15 (CONTINUED) ALTERNATIVE SOLUTION

32, - SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
SOLUTIONS TO QUESTION MANAGERIAL ACCOUNTING CH10 STANDARD COST AND THE BALANCE SCORECARD
32,000 feet × $4.80 per foot 32,000 feet × $5.00 per foot 29,600 feet* × $5.00 per foot = $153,600 = $160,000 = $148,000 ↑ ↑ ↑Price Variance, $6,400 F Quantity Variance, $12,000 U Total Variance, $5,600 U *8,000 footballs × 3.7 ft. per football = 29,600 feet Alternative Solution: Materials price variance = AQ (AP – SP)