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fiandar indusbies manutsctures sporting equipment. One of the company's products is a football heimet that requires speciai plastic. During the quarter ending Jine 30 ,
fiandar indusbies manutsctures sporting equipment. One of the company's products is a football heimet that requires speciai plastic. During the quarter ending Jine 30 , the company manufactured 3,100 heimets, using 2,232 kilograms of plastic. The plastic cost the company 516,963 According to the standard cost card, each helmet should require 064 klograms of plastic, at a cout of 58.00 per bilogram. Required: 1. What is the standard quantity of kilograms of plastic (SO) that is allowed to make 3., 100 helmets? 2. What is the standard materials cost allowed (SO = SP) to make 3.100 helmets? 3. Whist is the materials spending variance? 4. What is the materialiprice variance and the materials quantity variance? (For requirements 3 and 4 , indicate the effect of each variance by selecting "F" for favorable, " U " for unfaverabie, and "None" for no effect (ce, rero variance), input all amounts as positive values. Do not round intermediate calculations.)
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