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Bandar Industries Berhad of Malaysla manufactures sporting equipment. One of the company's products, a football helmet for the North Amerlcan market, requires a special plastic.
Bandar Industries Berhad of Malaysla manufactures sporting equipment. One of the company's products, a football helmet for the North Amerlcan market, requires a special plastic. During the quarter ending June 30, the company manufactured 3,200 helmets, using 1,984 kilograms of plastic. The plastic cost the company $15,078 Accordingto the standard cost card, each helmet should require 0.57 kllograms of plastic, at a cost of $8.00 per kilogram. Recqulrec 1. What is the standard quantity of kllograms of plastic (SQ)that is allowed to make 3,200 helmets? 2. What is the standard materlals cost allowed (SQ x SP)to make 3,200 helmets? 3. What is the materlals spending varlance? 4. What is the materlals price varlance and the materlals quantity varlance? For requirements 3 and 4, Indkete the etfect of each varlance by selecting "F" for tevorable, "U" for unfavorable, and "None" tor no effect l.e., zero verlence). Input all amounts es posltve velues. Do not round Intermedlete cekculetlons. Standard quantity of kilograms allowed 2. Standard cost allowed for actual output Materials spending variance Materials ance Materials quantity variance 4
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