Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ar 13- Homework -10-1, 102-50 points Check my work for the Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the companys products, a

image text in transcribed
ar 13- Homework -10-1, 102-50 points Check my work for the Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the companys products, a North American market, requires a special plastic. During the quarter ending June 30, the company manufactured 3,500 helmets, using 2,275 kilograms of plastic. The plastic cost the company $17,290 According to the standard cost card, each helmet should require 0.59 kilograms of plastic, at a cost of $8.00 per kilogram. ts Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,500 helmets? 2 what is the standard materials cost allowed (SQ SP) to make 3,500 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance? Hint (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 yalues. Do not round intermediate calculations.) variance Prey 1012 iii Next >

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

HR Audit Audit Your Most Precious Resources

Authors: DR. SIBRAM NISONKO

1st Edition

197357120X, 978-1973571209

More Books

Students also viewed these Accounting questions

Question

I am paid fairly for the work I do.

Answered: 1 week ago

Question

I receive the training I need to do my job well.

Answered: 1 week ago