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Bandar Industrles Berhad of Malaysla manufactures sporting equipment. One of the company's products, a football helmet for the North American market, requires a speclal plastic.
Bandar Industrles Berhad of Malaysla manufactures sporting equipment. One of the company's products, a football helmet for the North American market, requires a speclal plastic. Durlng the quarter ending June 30, the company manufactured 3,200 helmets, using 2,176 kllograms of plastic. The plastic cost the company $14,362 According to the standard cost card, each helmet should require 0.59 kllograms of plastic, at a cost of $7.00 per kllogram. Required: 1. What is the standard quantity of kllograms of plastic (SQ) that Is allowed to make 3,200 helmets? 2. What is the standard materlals cost allowed (SQSP) to make 3,200 helmets? 3. What is the materlals spending varlance? 4. What is the materlals price varlance and the materlals quantlty varlance? (For requlrements 3 and 4 , Indlcate 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 positlve values. Do not round Intermedlate calculatlons.)
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