2. Break down the difference computed in (1) above into a materials price variance and a materials quantity variance. (Round your actual materials price to two decimal places, and round your fina answers to the nearest whole dollar. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Materials price variance Materials quantity variance MacBook 8 sc F2 FI Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's p arket, requires a special plastic. During the quarter ending June 30, football helmet for the North American m the company manufactured 3,900 helmets, using 2,457 kilograms of plastic. The plastic cost the company $18,673 According to the standard cost card, each helmet should require 0.56 kilograms of plastic, at a cost of $8.00 per kilogram. Required: 1. According to the standards, what cost for plastic should have been incurred to make 3,900 helmets? How much greater or less is this than the cost that was incurred? (Round Standard kilograms of plastic per helmet to 2 decimal places.) Number of helmets 3,900 0.56 Standard kilograms of plastic per helmet 2,184 Total standard kilograms allowed Standard cost per kilogramS $ 8.00 $ 17,472 Total standard cost Actual cost incurred 18,673 Total standard cost 17,472 Total material variance-unfavourable