1) Schedule
Number of helmets | 3600 |
Standard kg of plastic per helmet | 0.60 |
Standard kg allowed | 2160 |
Cost per kg | 8 |
Total Standard cost | 17280 |
Actual Cost incurred | 17784 |
Total standard cost | 17280 |
Total material variance-Unfavorable | 504 |
2) Material price variance = (8*2340-17784) = 936 F
Material quantity variance = (2160-2340)*8 = 1440 U
Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's products, a football helmet...
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 3,600 helmets, using 2,700 kilograms of plastic. The plastic cost the company $20,520. According to the standard cost card, each helmet should require 0.66 kilograms of plastic, at a cost of $8.00 per kilogram. Required 1. According to the standards, what cost for plastic should have...
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 3,600 helmets, using 2,340 kilograms of plastic. The plastic cost the company $15,444. According to the standard cost card, each helmet should require 0.57 kilograms of plastic, at a cost of $7.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ)...
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 3,000 helmets, using 2,100 kilograms of plastic. The plastic cost the company $15,960. According to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram Required: 1. According to the standards, what cost for plastic should have...
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 3,800 helmets using 2,242 kilograms of plastic. The plastic cost the company $14,797 According to the standard cost card, each helmet should require 0.5 kilograms of plastic, at a cost of $7 per kilogram. Required: 1. According to the standards, what cost for plastic should have...
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 3,200 helmets, using 1,920 kilograms of plastic. The plastic cost the company $14,592. According to the standard cost card, each helmet should require 0.55 kilograms of plastic, at a cost of $8.00 per kilogram Required: 1. According to the standards, what cost for plastic should have...
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 3,000 helmets, using 1,680 kilograms of plastic. The plastic cost the company $12,768 According to the standard cost card, each helmet should require 0.50 kilograms of plastic, at a cost of $8.00 per kilogram. Required: 1. According to the standards, what cost for plastic should have...
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 3,600 helmets, using 2,700 kilograms of plastic. The plastic cost the company $17,820. According to the standard cost card, each helmet should require 0.69 kilograms of plastic, at a cost of $7.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ)...
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 3,600 helmets, using 2,196 kilograms of plastic. The plastic cost the company $16.690. According to the standard cost card, each helmet should Jequire 0.52 kilograms of plastic, at a cost of $8.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ)...
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 3,600 helmets, using 2,700 kilograms of plastic. The plastic cost the company $20,520. According to the standard cost card, each helmet should require 0.66 kilograms of plastic, at a cost of $8.00 per kilogram. Required: 1. What is the standard quantity of kilograms of plastic (SQ)...
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 3,400 helmets, using 2,176 kilograms of plastic. The plastic cost the company $14,362 According to the standard cost card, each helmet should require 0.57 kilograms of plastic, at a cost of $7.00 per kilogram Required: quantity of kilograms of plastic (SQ) that is allowed to make...