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Check my work View previous attempt 3 Exercise 9.4 Direct Materials Variances (L09-4) 2.5 point Hant Bandar Industries Berhad of Malaysia manufactures sporting equipment. One
Check my work View previous attempt 3 Exercise 9.4 Direct Materials Variances (L09-4) 2.5 point Hant Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football helmet for the North American market, requires a special plastic. During the quarter ending June 30, the company manufactured 3.800 helmets, using 2,546 kilograms of plastic. The plastic cost the company $16,804 According to the standard cost card, each helmet should require 0.60 kilograms of plastic, at a cost of $7.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (sa) that is allowed to make 3,800 helmets? 2. What is the standard materials cost allowed (SQSP) to make 3,800 helmets? 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 variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effectie, rere variance). Input all amounts as positive values. Do not round Intermediate calculations.) Pant Burences 1. 2 3 Standard unity of kilograms alowed Standard cost lowed for at Materials spending variante Materials price rance Materials utily variance $ $ $ 5 2.280 15. M4U 1,010 1,756 4
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