Qulicene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 pounds of oysters in August. The company's flexible budget for August appears below. Callcent Oysteria Texible fudget For the Month Ended August 31 Actual pounda (9) 7,800 Revenue (54.159) 32,170 Expenses Packing supplies (50.259) 1,950 Oyster bed maintenance $3,400) 3.400 Wages and salaries (52.500 10.454) 6.OLO Shipping (30.804) 6,249 Utilities ($1,280) 1,200 Other (5400 - 50.019) 470 Total expenso 19.50 $ 13,012 Not operating Income The actual results for August appear below: Outlone Oysteria Income Statement For the Month Inded August 31 Mutual pounds 7.800 Revenue $ 27,400 Expenses Packing supplies 2.120 3,260 Oyster bed maintenance Wages and salaries 6.420 Shipping 5.970 Utilities 1.090 Other Total expono Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income Graded Homework Saved Help Save & E Che Exercise y-4 (Aigoj direct mareniais variances (LUY-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 2,325 kilograms of plastic. The plastic cost the company $15,345. According to the standard cost card, each helmet should require 0.67 kllograms 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 variance? (For requirements 3 and 4. Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (1.e., zero variance). Input all amounts as positive values. Do not round Intermediate calculations.) os 1. Standard quantity of kilograme allowed 2 Standard cost allowed for actual output 3. Materials spending variance 4. Material price variance 4. Materials quantity variance SkyChefs, Incorporated, prepares in-flight meals for a number of major airlines. One of the company's products is grilled salmon in der sauce with baby new potatoes and spring vegetables. During the most recent week, the company prepared 4,300 of these meals using 1.250 direct labor-hours. The company paid its direct labor workers a total of $11,250 for this work, or $9.00 per hour. According to the standard cost card for this meal, it should require 0.30 direct inbor hours at a cost of $8.50 per hour. Required: 1. What is the standard labor hours allowed (SH) to prepare 4,300 meals? 2. What is the standard labor cost allowed (SHSR) to prepare 4,300 meals? 3. What is the labor spending variance? 4. What is the labor rate variance and the labor efficiency variance? (For requirements 3 and 4. Indicate the effect of each variance by selecting "P" 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. Standard labor hours allowed 2. Standard labor cost owed Labor spending variance la Laborrate variance Labor efficacy vanane