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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.

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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 3,300 helmets, using 2,211 kilograms of plastic. The plastic cost the company $14,593 According to the standard cost card, each helmet should require 0.61 kilograms of plastic, at a cost of $700 per kilogram Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,300 helmets? 2. What is the standard matenals cost allowed (SQ * SP) to make 3,300 helmets? 3. What is the materials spending variance? 4. What is the materials price vanance and the materials quantity variance? (For requirements 3 and 4, indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" fo no effect (l.e., zero variance). Input all amounts as positive volues. Do not round Intermediate calculations.) 1 I 2 3. Standard quantity of kilograms allowed Standard cost allowed for actual output Materials spending variance Materials price variance Materials quantity variance 4 LU

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