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1. 2. 3. Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football heimet for the North American market, requires
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Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football heimet for the North American market, requires a special plastic. During the quarter ending June 30 , the company manufactured 35,000 helmets, using 22,500kllograms of plastic. The plastic cost the company $171,000. According to the standard cost card, each heimet should require 0.6 kllograms of plastic, at a cost of $8 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 35,000 heimets? 2. What is the standard materlals cost allowed (SQ SP) to make 35,000 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materlals quantity varlance? (For requirements 3 and 4 , Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero variance). Input all amounts as positive values, Do not round Intermediate calculations.) Exercise 9-5 (Static) Direct Labor Variances [LO9-5] SkyChefs, Incorporated, prepares in-flight meals for a number of major airlines, One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 4,000 of these meals using 960 direct labor-hours. The company paid its direct labor workers a total of $19,200 for this work, or $20.00 per hour. According to the standard cost card for this meal, it should require 0.25 direct labor-hours at a cost of $19.75 per hour. Required: 1. What is the standard labor-hours allowed (SH) to prepare 4,000 meals? 2. What is the standard labor cost allowed (SH SR) to prepare 4,000 meals? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance? (For requirements 3 and 4 , Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (L.e., zero variance). Input all amounts as positive values.) Exercise 9-6 (Static) Variable Overhead Variances [LO9-6] Logistics Solutions provides order fuifiliment services for dot.com merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a cllent recelves an order from a customer, the order is forwarded to Logistics Solutions, which pulls the item from storage, packs it, and ships it to the customer. The company uses a predetermined varlable overhead rate based on direct labor-hours. In the most recent month, 120,000 items were shipped to customers using 2,300 direct labor-hours. The company incurred a total of $7,360 in varlable overhead costs. rate is $3.25 per direct labor-hour. Required: 1. What is the standard labor-hours allowed (SH) to ship 120,000 items to customers? 2. What is the standard variable overhead cost allowed (SH SR) to ship 120,000 items to customers? 3. What is the varlable overhead spending variance? 4. What is the variable overhead rate varlance and the variable overhead efficiency variance? (For requirements 3 and 4, Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values, Do not round Intermediate calculations.) 2.
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