Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bandar industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football for the North American market requires a special plastic. During
Bandar industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football for the North American market requires a special plastic. During the quarter ending June 30, the company manufacture 3, 900, using 2, 964 kilograms of plastic. The plastic cost the company $19, 562. According to the standard to the cost card, each helmet should require 0.70 kilograms of plastic, at a cost of $7.00 per kilogram. According to the standards, what cost for plastic should have been incurred to make 3, 900 helmets? How much greater or less is than the cost that was incurred? (Round standard kilograms of plastic per helmet to 2 decimal places.) Break down the difference in (1) above into a price variance and a materials quantity variance. (Round your actual materials to two decimal places, and round your final answer to the nearest whole dollar. Indicates the effect of each variance by selecting "F" for favorable "U" for unfavorable, and "None
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started