Exercise 10-1 (Algo) Direct Materials Variances (L010-11 Bundar Industrien 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 3100 helmets, using 2.046 kilograms of plastic. The plastic cost the company 515.550 According to the standard cost card, each helmet should require 056 klograms of plastic at a cost of $800 per kilogram Required: 1 What is the standard quantity of kilograms of plastic that is allowed to make 3.100 helmets? 2. What is the standard materials cost allowed (SQ5P) to make 3.900 helmets? 3. What is the materials spending vanance 4. What is the materials price variance and the materiais quantity dance (For requirements 3 and 4. indicate the effect of each variance by selecting "T" for favorable. "U" for unfavorable, and "None" for no effect ile zero variance). Input all amounts os positive values. Do not round Intermediate calculations.) 2 Standard quality of gram allowed Standard cost allowed for at output Materials spending variance Mabertas prie variance Maials ant van 1