Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bandar industries berhad of malaysia manufactures

Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football...

90.2K

Verified Solution

Question

Accounting

image
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 3.800 heimets. using 2,660 kilograms of plastic. The plastic cost the company $17,556. According to the standard cost card, each helmet should require 0.64 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 3,800 helmets? 2 What is the standard materials cost allowed (SQ SP) to make 3,800 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance? (For requirements 3 ond 4 , indicate the effect of each variance by selecting "F" for fovorable, "U" for unfavorable, ond "None" for no effect (Le., zero varionce). Input oll omounts os positive values. Do not round intermediote colculations.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students