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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 30 ,
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 helmets, using 2,925 kilograms of plastic. The plastic cost the company $19,305 According to the standard cost card, each helmet should require 0.69 kilograms of plastic, at a cost of $7.00 per kilogram. Requlred: 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 (SQ SP ) to make 3,900 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance? (For requlrements 3 and 4 , Indlcate the effect of each varlence by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero verlance). Input all amounts as posltlve values. Do not round Intermedlate calculatlons.)
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