Exercise 9-4 Direct Materials Varlances [LO9-4] 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 30, the company manufactured 3.100 helmets, using 2,387 kilograms of plastic. The plastic cost the company $15,754. According to the standard cost card, each helmet should require 0.69 kilograms of plastic, at a cost of $7.00 per kilogram Required: 1. What is the standard quantity of kilograms of plastic (5) that is allowed to make 3.100 helmets? 2. What is the standard materiais cost allowed (SQ * SP) to make 3.100 helmets? 3. What is the materials spending variance? 4. What is the materiais price variance and the materials quantity variance? (For requiremente 3 and 4. Indicate the effect of each variance by selecting "m" for favorable "U" for unfavorable, and "None" for no effect (le zero variance). Input all amounts os positive values. Do not rounel Intermediate calculations.) 14.073 Standard quanty of kilograme allowed Standard controwed for actual put Matan's song Mais ce vrance Material quante variance 9 9 3 731 Exercise 9-5 Direct Labor Variances (LO9-5) SkyChefs, Inc. prepares In-flight meals for a number of major artines. One of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 5100 of these meals using 2.000 direct labor-hours. The company pald its direct labor workers a total of $28,000 for this work, or $14.00 per hour According to the standard cost card for this meal. It should require 0.40 direct labor-hours at a cost of $13.50 per hour. Required: 1. What is the standard labor hours allowed (SH) to prepare 5,100 mets? 2 What is the standard labor cost allowed (SHSR to prepare 5.100 meals? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor emiciency variance? For requirements 3 and 4. Indicate the effect of each variance by selecting "e" for favorable. "U" for unfavorable, and "None" for no effect (.e.. zero varianco). Input all amounts as positive values. Do not round Intermediate calculations.) Band bonhours nowad Board labor cost owed Cabocardirovance Lorance Laboradensyano 1 Exercise 9-6 Variable Overhead Variances [LO9-6] Logistics Solutions provides order fulfillment services for dot.com merchants. The company maintains warehouses that stock items carried by its dot com clients. When a client receives an order from a customer, the order is forwarded to Logistics Solutions, which pulis the item from storage, packs it, and ships it to the customer. The company uses a predetermined variable overhead rate based on direct labor-hours In the most recent month. 205.000 items were shipped to customers using 9.200 direct labor-hours. The company Incurred a total of $33.580 in variable overhead costs According to the company's standards, 0.02 direct labor-hours are required to fulfill an order for one Item and the variable overhead rate is $3.70 per direct labor hour Required: 1. What is the standard oor hours allowed (SH to ship 205,000 items to customers? 2. What is the standard variable overhead cost allowed SHSR to ship 205,000 items to customers? 3. What is the vanable overheid spending variance? a What is the variable overhead rate voronce and the variable overhead efficiency variance? (For requirements 3 and 4: Indicate the effect of each varlance by selecting for favorable. "U" for unfavorable, and "None" for no effect (e. rere variance). Input all amounts as positive values. Do not round Intermediate calculations.) Standard quantity of about stone 2 Staroveedostato Vai vadinamas soveso ersyarance Exercise 9-4 Direct Materials Varlances [LO9-4] 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 30, the company manufactured 3,100 helmets, using 2.387 kilograms of plastic. The plastic cost the company $15.754 According to the standard cost card, each helmet should require 0.69 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 3,100 helmets? 2. What is the standard materials cost allowed (SQSP) to make 3.100 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity vacance? (For requirements 3 and 4. Indicate the effect of each variance by selecting "F" for foverable, "U" for unfavorable, and "None" for no effect (lie., zero variance). Input all amounts of positive values. Do not round Intermediate calculations.) ce 12 13 Standard quantity of dograms showed standard cost owed for actual output Natanals sending vanance Mais onde ence Maseratty variance S $ 2,130 14.079 781