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is this correct? Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football helmet for the North American market, requires

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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 3,000 helmets, using 2,100 kilograms of plastic. The plastic cost the company $15,960. According to the standard cost card, each helmet should require 0.62 kilograms of plastic, at a cost of $8.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (Standard Quantity) that is allowed to make 3.000 helmets? 2. What is the standard materials cost allowed (Standard Quantity Standard Price) to make 3,000 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, indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations.) 1,860 Standard quantity of kilograms allowed Standard cost allowed for actual output Materials spending variance s 5.5801 Prev 1 of 3 Next > (For requirements 3 and 4, Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable and "None" for no effect (.e., zero variance). Input all amounts as positive values. Do not round Intermediate calculations.) 2. Standard quantity of kilograms allowed Standard cost allowed for actual output Materials spending variance Materials price variance Materials quantity variance $ $ $ $ 1,860 5 5,580 U 9,120F 14,700 U Proy 1 of 3 !!! Next >

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