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Bandar Industries manufactures sporting equipment. One of the company's products is a football heimet that requires special plastic. During the quarter ending June 30 ,
Bandar Industries manufactures sporting equipment. One of the company's products is a football heimet that requires special plastic. During the quarter ending June 30 , the company manufactured 3,400 helmets, using 2,516 kilograms of plastic. The plastic cost the company $19,122. According to the standard cost card, each helmet should require 0.68 kilogram of plastic, at a cost of $8.00 per kllogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,400 heimets? 2. What is the standard materials cost allowed (SQ SP) to make 3,400 helmets? 3. What is the materials spending variance? 4. What are the materials price variance and the materials quantity variance? Note: For requirements 3 and 4 , Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero varlance). Input all amounts as positive values. Do not round intermediake calculations
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