Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football helmet for the North American market, requires a special plastic. During the quarter ending June 30, the company manufactured 3,700 helmets, using 2,183 kilograms of plastic. The plastic cost the company $16,591 According to the standard cost card, each helmet should require 0.54 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 3,700 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 Standard kilograms of plastic per helmet otal standard kilograms allowed Standard cost per kilogram Total standard cost Actual cost incurred OL ch8-1 Total material variance-unfavorable 3,700 0.54 1,998 $8.00 $ 15,984 $ 16,591 15,984 $607 dard cost 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 final 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).)