Business
Business, 23.10.2019 05:00, matt2167

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 3,700 helmets, using 2,368 kilograms of plastic. the plastic cost the company $15,629. according to the standard cost card, each helmet should require 0.56 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 3,700 helmets? 2. what is the standard materials cost allowed (sq × sp) to make 3,700 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

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