EXERCISE 9-4 Direct Materials Variances LOB-4 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 3!}, the company manufactured 35.000 helmets. using 22,5 kilograms of plastic. The plastic cost the company $l?l,. According to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 35,0 helmets? 2. What is the standard materials cost allowed (SQ 3-: SP) to make 35,{}[l{] helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance