Question: Help Save &Exit Submit Check my work Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football helmet for the
Help Save &Exit Submit Check my work 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 3100 helmets, using 1,984 kilograms of plastic. The plastic cost the company $13,094. According to the standard cost card, each helmet should require 0.59 kilograms of plastic, at a cost of $700 per kilogram 10 points 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 (SQ SP) to make 3,100 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance? eBook Hint Print References d "None" (For requirements 3 and 4, indicate the effect of each variance by selecting "F for favorable, "U" for unfavorable, a alues. Do not round intermediate calculations.) References for no effect 0.e, zero variance). Input all amounts as positive values. Do not round intermediate calcul 1,829 1. Standard quantity of kilograms allowed 2.-1 Standard cost allow ed for actual output 3. Materials spending variance 4. Materials price variance 12801 Materials quantity variance Prev 1016 Next >
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