Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bandar industries manufactures sporting equipment.

Bandar Industries manufactures sporting equipment. One of the company's products is a football helmet that...

90.2K

Verified Solution

Question

Accounting

image
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 3,500 helmets, using 2,590 kilograms of plastic. The plastic cost the company $19,684. According to the standard cost card, each helmet should require 0.67 kilogram of plastic, at a cost of $8.00 per kilogram. Required: 1. What is the standard quantity of kllograms of plastic (SQ) that is allowed to make 3,500 heimets? 2. What is the standard materials cost allowed (SQ SP) to make 3,500 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

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

Q

When dealing with issues such as professional ethics, the stakescan be high. This is...

Accounting
Q

Direct Materials Variances Bellingham Company produces a product that requires 9 standard pounds per unit. The standard...

Accounting
Q

Calculate the weekly return for BIT and construct a histogram in Excel. Does the data on...

Basic Math
Q

Fowle Marketing Research, Inc., bases charges to a client on the assumption that telephone surveys can...

Statistics
Q

Discuss the composition of bone and name 5 type Add reference

Medical Sciences
Q

In Sociology, how does the information in Stratification, Race & Ethnicity, and Economics & Politics tell...

Psychology
Q

5 In each diagram In each diagram tell which way the missing ray will bend...

Physics
Q

Lances Diner has a hot lunch special each weekday and Sunday afternoon. Food and other...

Accounting
Q

: Preparing Adjusting Entries, an Adjusted Trial Balance, and Financial Statements. Refer to your textbook...

Accounting
Q

Question 7 0.5 pts The Allowance for Doubtful Accounts account has a credit balance of...

Accounting
Q

On January 1, 2022, Information Company purchased an asset with a cash equivalent value of...

Accounting
Q

1. According to the table below, these were the exchange rates on April 24, 2018...

Finance