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 3,200 helmets, using 2,240 kilograms of plastic. The plastic cost the company $14,784. 

According to the standard cost card, each helmet should require 0.62 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 3,200 helmets? 

2. What is the standard materials cost allowed (SQ x SP) to make 3,200 helmets? 

3. What is the materials spending variance? 

4. What is the materials price variance and the materials quantity variance?

Answer rating: 100% (QA)

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