Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bandar Industries manufactures sporting equipment, One of the company's products is a football helmet that requires special plastic During the quarter ending June 30 ,

image text in transcribed
Bandar Industries manufactures sporting equipment, One of the company's products is a football helmet that requires special plastic During the quarter ending June 30 , the company manufactured 3,900 heimets, using 2,925 kilograms of plastic The plastic cost the company $22,230 According to the standard cost card, each helmet should require 0.68 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 3,900 helmets? 2. What is the standard materials cost allowed ( SQSP) to make 3,900 heimets? 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 varionce by selecting "F" for fovorable, "U" for unfovorable, and "None" for no effect (i.e., zero vorionce). Input all omounts os positive values. Do not round intermediate calculations.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions