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Bandar Industries manufactures sporting equipment. One of the company s products is a football helmet that requires special plastic. During the quarter ending June 3
Bandar Industries manufactures sporting equipment. One of the companys products is a football helmet that requires special plastic. During the quarter ending June the company manufactured helmets, using kilograms of plastic. The plastic cost the company $
According to the standard cost card, each helmet should require kilograms of plastic, at a cost of $ per kilogram.
Required:
What is the standard quantity of kilograms of plastic SQ that is allowed to make helmets?
What is the standard materials cost allowed SQ times SP to make helmets?
What is the materials spending variance?
What is the materials price variance and the materials quantity variance?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
1259307417, 978-1260153132, 1260153134, 978-1259307416
