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 3,300 helmets, using 2,277 kilograms of plastic. The plastic cost the company $17,305. According to the standard cost card, each helmet should require 0.62 kilograms of plastic, at a cost of $8.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 3,300 helmets? 2. What is the standard materials cost allowed (SQSP) to make 3,300 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 variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (.e., zero variance). Input all amounts as positive values. Do not round Intermediate calculations.) Standard quantity of kilograms allowed Standard cost allowed for actual output Materials spending variance Materials price variance Materials quantity variance

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Scenario: You are an engineer supervising the work on a brownfield remediation project. Just before the...

Chemistry
Q

The moment arm of the biceps is approximately 2 cm from the axis of rotation of...

Physics
Q

Understanding: How do neurons communicate? Explain: a. action potentials b. rate coding.

Psychology
Q

mall iguanas are faster runners than big iguanas If predators are introduced to the island...

Biology
Q

California The business provides breakfast and brunch food via carts parked along sidewalks to people...

Statistics
Q

Other Regression Models A manager at a gas station realized that there appeared to be...

Algebra
Q

Cooper Company has the following units and costs: Units Unit Cost...

Accounting
Q

Net income was $488,600 in the current year and $367,500 in the prior year. The...

Accounting
Q

Which of the following correctly calculates the cost of goods sold in a merchandising business?...

Accounting
Q

ABC Ltd purchased land for $500,000 on 1 January 2017 and used revaluation model to...

Accounting
Q

Question: Which of the following best describes the primary purpose of audit risk assessment?...

Accounting
Q

Question1 Fortes Inc. has provided the following data concerning one of the...

Accounting