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Dominic Company manufactures auto accessories. One of the company's products, an airbag that can be adjusted to fit in any size vehicle, requires a special

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Dominic Company manufactures auto accessories. One of the company's products, an airbag that can be adjusted to fit in any size vehicle, requires a special plastic. During the quarter ending June 30, the company manufactured 3,200 airbags, using 2,208 kilograms of plastic. The plastic cost the company $14,573. According to the standard cost card, each airbag should require 0.61 kilograms of plastic, at a cost of $7.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,200 airbags? 2. What is the standard materials cost allowed (SQ - SP) to make 3,200 airbags? 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 effect (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations.) 1. 2. 3. Standard quantity of kilograms allowed Standard cost allowed for actual output Materials spending variance Materials price variance Materials quantity variance 4

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