Exercise 9-4 (Algo) Direct Materials Variances [LO9-4] Bandar Industries Berhad of Malaysla 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 3,900 helmets, using 2,379 kilograms of plastic The plastic cost the company $18,080. According to the standard cost card, each helmet should require 0.55 kilograms of plastic, at a cost of $8.00 per kilogram. Required: 1. What is the standard quantity of kllograms of plastic (SQ) that is allowed to make 3,900 helmets? 2. What is the standard materlals cost allowed (SQ SP) to make 3,900 heimets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance? (For requirements 3 and 4 , indicote the effect of each variance by selecting "F" for fovorable, " U " for unfovorable, and "None" for no effect (i.e., zero variance). Input all amounts os positive values. Do not round intermediate calculations.)