Bandar Industries manufactures sporting equipment. One of the company's products is a football helmet that requires special plastic. During the quarter ending June 30 , the company manufactured 3,400 helmets, using 2,482 kilograms of plastic. The plastic cost the company $16,381. According to the standard cost card, each helmet should require 0.64 kilogram 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 3,400 helmets? 2. What is the standard materials cost allowed (SQSP) to make 3,400 helmets? 3. What is the materials spending variance? 4. What are the materials price variance and the materials quantity variance? Note: 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
Other questions asked by students
Farmers recently have started to use a lot of fertilizer on farms. Extra fertilizer runs...
18 During the absolute refractory period you can still generate an action potential it s...
Check if the given set of polynomials form a basis for P set of all...
Define the expanded role of the PCAOB in the preparation of consistent and transparent financial...
(True or false) If $500,000, 5%, 10 year bonds with a carrying value of $476,000...
Limestone Hotel currently launders all of its towels and sheets in the basement of the...
SB Exercise 7-16 through Exercise 7-17 (Static) Skip to question [The following information...
The n-year spot rate of interest yn is given by: y 0.045 n/1000 for n...