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Bandar Industries manufactures sporting equipment. During the quarter ending June 30, the company manufactured 35,000 helmets, using 20.500 kilograms of plastic. The plastic cost $171,000.
Bandar Industries manufactures sporting equipment. During the quarter ending June 30, the company manufactured 35,000 helmets, using 20.500 kilograms of plastic. The plastic cost $171,000. According to standard costs, each helmet should require 0.6 kilgrams of plastic at a cost of $8 per kilogram. 1. What is the materials price variance (dollars)? 2. Is the materials price variance favorable or unfavorable? 3. What is the materials quantity variance (dollars)? 4. Is the materials quantity variance favorable or unfavorable? 5. What is the total materials variance (dollars)? 6. Is the total materials variance favorable or unfavorable
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