Exerclse $10-1($Algo$)$ Direct Materlals Varlances $[$LO$10-1]$

Bandar Industries 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 $3,900$ helmets, using $2,964$ kilograms of plastic. The plastic cost the

company $$22,526.$

According to the standard cost card, each helmet should require $0\mathrm{.}67$ kilogram of plastic, at a cost of $$8\mathrm{.}00$ per kilogram.

Requlred:

What is the standard quantity of kilograms of plastic $($SQ$)$ that is allowed to make $3,900$ helmets?

What is the standard materials cost allowed $)$ to make $3,900$ helmets?

What is the materials spending variance?

What are the materials price variance and the materials quantity variance?

Note: For requlrements $3$ and $4,$ Indlcate the effect of each varlance by selecting $"$F$"$ for favorable, $"$U$"$ for unfovorable, and

"None" for no effect $($l$.$e$.,$ zero varlence$).$ Input all amounts as positlve values. Do not round Intermedlate calculatlons.