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 3,600 helmets, using 2,736 kilograms of plastic. The plastic cost the company $20,794. According to the standard cost card, each helmet should require 0.67 kilograms of plastic, at a cost of $8.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,600 helmets? 2. What is the standard materials cost allowed (SQ SP) to make 3.600 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance? (For requirements 3 and 4, indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values. Do not round Intermediate calculations.) 1. Standard quantity of kilograms allowed Standard cost allowed for actual output Materials spending variance Materials price variance Materials quantity variance SkyChefs, Inc., prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 7,300 of these meals using 1.450 direct labor-hours. The company paid its direct labor workers a total of $14,500 for this work, or $10.00 per hour. According to the standard cost card for this meal, it should require 0.20 direct labor-hours at a cost of $9.50 per hour. Required: 1. What is the standard labor-hours allowed (SH) to prepare 7,300 meals? 2. What is the standard labor cost allowed (SHSR) to prepare 7,300 meals? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance? (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 lues. Do not round intermediate calculations.) 1. 2 Standard labor-hours allowed Standard labor cost allowed Labor spending variance Labor rate variance Labor efficiency variance Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area. The company's planning budget for May appears below: Puget Sound Divers Planning Budget For the Month Ended May 31 Budgeted diving-hours (9) 250 $102,500 Revenue ($410.009) Expenses Wages and salaries ($11,000+ $130.000) Supplies ($5.00) Equipment rental (52.300 + $24.009) Insurance ($4,000) Miscellaneous ($510 + $1.449) Total expense Net operating income 43.500 1.250 8.300 4.000 57.920 $44.580 During May, the company's actual activity was 240 diving-hours. Required: Prepare a flexible budget for May (Round your answers Puget Sound Divers Flexible Budget For the Month Ended May 31 Revenue Expenses Wages and salaries Supplies Equipment rental Insurance Miscellaneous Total expense Net operating income Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company's costs: Pixed Cost per Month Cost per Car Washed $0.50 $ 0.06 $ 0.30 $ 0.20 Cleaning supplies Electricity Maintenance Wages and salaries Depreciation $1,100 Rent $4,100 $8,200 $2,100 $1,600 Administrative expenses $ 0.05 For example, electricity costs are $1,100 per month plus $0.06 per car washed. The company actually washed 8,600 cars in August and collected an average of $6.70 per car washed. Required: Prepare the company's flexible budget for August - Lavage Rapide Flexible Budget For the Month Ended Revenue Expenses Cleaning supplies Electricity Maintenance Wages and salaries Depreciation Rent Administrative expenses Total expense "Net operating income DI
