Solution-Find what is the standard quantity of kilograms of

Find what is the standard quantity of kilograms of plastic

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Reference no: EM132605969

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.

Question 1: What is the standard quantity of kilograms of plastic (SQ) that is allowed to make 35,000 helmets?

Question 2: What is the standard materials cost allowed (SQ × SP) to make 35,000 helmets?

Question 3: What is the materials spending variance?

Question 4: What is the materials price variance and the materials quantity variance?

Reference no: EM132605969

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Find what is the standard quantity of kilograms of plastic

Reference no: EM132605969

Reference no: EM132605969

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