Question: Please help me solve these 2 questions before 11:59pm on the 5th please and thank you! If you could please explain or show how you

Please help me solve these 2 questions before 11:59pm on the 5th please and thank you! If you could please explain or show how you solved the problems that would be amazing! Thank you!!

1) Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the companys products, a football helmet for the North American market, requires a special plastic. During the quarter ending June 30, the company manufactured 3,600 helmets, using 2,232 kilograms of plastic. The plastic cost the company $16,963.

According to the standard cost card, each helmet should require 0.53 kilograms of plastic, at a cost of $8.00 per kilogram.

a. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,600 helmets?

b. What is the standard materials cost allowed (SQ SP) to make 3,600 helmets?

c. What is the materials spending variance?

d. 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 (i.e., zero variance). Input all amounts as positive values. Do not round intermediate calculations.)

2) Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,200 pounds of oysters in August. The companys flexible budget for August appears below:

Quilcene Oysteria
Flexible Budget
For the Month Ended August 31
Actual pounds (q) 7,200
Revenue ($4.15q) $ 29,880
Expenses:
Packing supplies ($0.25q) 1,800
Oyster bed maintenance ($3,400) 3,400
Wages and salaries ($2,000 + $0.45q) 5,240
Shipping ($0.70q) 5,040
Utilities ($1,300) 1,300
Other ($510 + $0.01q) 582
Total expense 17,362
Net operating income $ 12,518

The actual results for August appear below:

Quilcene Oysteria
Income Statement
For the Month Ended August 31
Actual pounds 7,200
Revenue $ 26,700
Expenses:
Packing supplies 1,970
Oyster bed maintenance 3,260
Wages and salaries 5,650
Shipping 4,770
Utilities 1,110
Other 1,202
Total expense 17,962
Net operating income $ 8,738

Calculate the companys revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

Revenue ____ _____

expenses:

Packing supplies ___ ______

Oyster bed maintence ____ ____

Wages and salaries ____ _____

Shipping ____ _______

Utilties ______ _______

Other _____ _____

Total expense _____ _______

Net operating income _______ ______

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