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Exercise 9-4 (Algo) Direct Materials Voriances [LO9.4] Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a footbull helmet for the
Exercise 9-4 (Algo) Direct Materials Voriances [LO9.4] Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a footbull helmet for the North American market, requires a special plastic During the quarter ending June 30 , the company manufactured 3,800 heimets, using 2,508 kilograms of plastic. The plastic cost the company $19,061 According to the standard cost cord, each helmet should require 0.58 klograms of plastic, at a cost of $8.00 per kilograin. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,800 helmets? (Sequired: 2. What is the standard materials cost allowed (SQ SP) 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 , indicote the effect of each variance by selectiog "F" for fovorable, "U" for unfovorable, ond "None" for no effect (Le., zero variance). Input oll omounts os positive volues. Do not round intermediate calculations.)
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