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Bandar Industries Berhad of Malaysia manulactures sporting equipment. One of the...

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Accounting

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Bandar Industries Berhad of Malaysia manulactures 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 3,500 helmets, using 2,660 kilograms of plastic. The plastic cost the company $20,216 According to the standard cost card, each heimet should require 0.69 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 3,500 helmets? 2. What is the standard materials cost allowed (SQSP) to make 3.500 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materiais quantity variance? (For requirements 3 and 4 , indicate the effect of each variance by selecting " F " for fovorable, " U " for unfavorable, and "None" for no effect (i.e., zero voriance). Input all amounts as positive values. Do not round intermediate calculations.)

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