EXERCISE 10-1 Direct Materials Variances (L010-1] Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of...
EXERCISE 10-1 Direct Materials Variances (L010-1] 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 35,000 helmets, using 22,500 kilograms of plastic. The plastic cost the company $171,000. 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,...
Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company's EXERCISE 10-1 Direct Materials Variances L010-1 products, a football helmet for the North American market, requires a special plastic. During the quarter ending June 30, the company manufactured 35,000 helmets, using 22,500 kilograms on plastic. The plastic cost the company $171,000. According to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. Required: 1. What is the standard...
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 35,000 helmets, using 22,500 kilograms of plastic. The plastic cost the company $171,000. According to the standard cost card, each helmet should require 0.6 kilgrams of plastic at a cost of $8 per kilogram. REQUIRED: 1. What is the standard quantity of kilograms of plastic (SQ)...
Exercise 10-1 Direct Materials Variances [L010-1] 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 2,405 kilograms of plastic. The plastic cost the company $15,873. 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...
?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 3,300 helmets,
using 1,914 kilograms of plastic. The plastic cost the company
$14,546.
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 2,220 kilograms of plastic. The plastic cost the company
$16,872.
According to the standard cost card, each helmet should require
0.51 kilograms of plastic, at a cost of $8.00 per kilogram.
Exercise 10-1 Direct Materials Variances [LO10-1] 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 4,000 helmets, using 2,920 kilograms of plastic. The plastic cost the company $19,272. According to the standard cost card, each helmet should require 0.64 kilograms of plastic, at a cost of $7.00 per kilogram. Required: 1. What is the standard...
Exercise 10-1 Direct Materials Variances [LO10-1] 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 3,900 helmets, using 2,301 kilograms of plastic. The plastic cost the company $15,187. According to the standard cost card, each helmet should require 0.54 kilograms of plastic, at a cost of $7.00 per kilogram. Required: 1. What is the standard...
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 14,000 helmets, using 24,500 kilograms of plastic. The plastic cost the company $204,575. According to the standard cost card, each helmet should require 0.5 kilograms of plastic, at a cost of $8.2 per kilogram. What is the Material Price Variance? A)$2,100 Unfavorable B)$2,100 Favorable C)$3,676 Favorable...
Exercise 10-1 Direct Materials Variances (LO10-1] 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 3,900 helmets, using 2,808 kilograms of plastic. The plastic cost the company $18,533. According to the standard cost card, each helmet should require 0.63 kilograms of plastic, at a cost of $7.00 per kilogram. Required: 1. What is the standard...