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 2,516 kilograms of plastic. The plastic cost the company $19,122. 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) that is allowed to make 3,400 helmets? 2. What is the standard materials cost allowed (SQ × SP) to make 3,400 helmets? 3. What is the materials spending variance? 4. What is the materials price variance and the materials quantity variance?

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 3,500 helmets, using 2,170 kilograms of plastic. The plastic cost the company $14,322.

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 quantity of kilograms of plastic (SQ) that is allowed to make 3,500 helmets?

2. What is the standard materials cost allowed (SQ × SP) to make 3,500 helmets?

3. What is the materials spending variance?

4. What is the materials price variance and the materials quantity variance?

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 2,080 kilograms of plastic. The plastic cost the company $13,728.

According to the standard cost card, each helmet should require 0.59 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 3,200 helmets?

2. What is the standard materials cost allowed (SQ × SP) to make 3,200 helmets?

3. What is the materials spending variance?

4. What is the materials price variance and the materials quantity variance?

On April​ 2, the salaried employees of LaSalle Company receive their paychecks representing 8 workdays in March and 2 days in April for a total gross pay of​ $15,000. Other expenditures paid in April include advertising from March of​ $500 and property taxes for the first quarter of the year of​ $5,700. Property taxes for the second quarter are also expected to be​ $5,700. The​ company's vehicle was repaired on April 1 for an amount of​ $460 to be paid May 1. What are the expenses for April under the cash accounting method and what would they be under accrual basis​ accounting?

QUESTION FIVE [10]

“South Africa’s unemployment rate has continued to increase. This is according to Statistics South Africa’s recently released quarterly labour survey. The unemployment rate increased by 1.4 percentage points from 27.6% in the first quarter of 2019 to 29% in the second quarter of the year.” Source: https: mg.co.za/article/2019-07-30unemployment-rate-at-29-statssa

Using the Philips Curve model, discuss the impact of this unemployment rate against government achieving its macroeconomic objectives of stable inflation rates and low unemployment rates

A 0.00618-kg bullet is fired straight up at a falling wooden block that has a mass of 1.52 kg. The bullet has a speed of 616 m/s when it strikes the block. The block originally was dropped from rest from the top of a building and had been falling for a time t when the collision with the bullet occurs. As a result of the collision, the block (with the bullet in it) reverses direction, rises, and comes to a momentary halt at the top of the building. Find the time t.

Stickleback performed services for a customer in exchange for a $18,000, 5 year, 10% note receivable on January 1, 2020. Interest will be paid quarterly, with the first payment at the end of the first quarter. The customer’s normal borrowing rate is 12%.

Determine the balance in the discount on note receivable as of December 31, 2023.

Suppose that you are interested in borrowing $5300 for the purchase of a second hand car. Suppose that you would like to make fix amount quarterly payments (making the first payment by the end of the first quarter), and that you want to be debt free by the end of 7 and a half (7.5) years.

If the interest rate charged by the bank is 4.6%, then:

The quarterly amount that you would have to pay for this loan is: $Answer

The coronavirus epidemic is putting up to 50 million jobs in the global travel and tourism sector at risk, with travel likely to slump by a quarter this year, Asia being the most affected continent, the World Travel and Tourism Council has said. How is the coronavirus affecting travel? Discuss the impact of the diseases outbreak towards all travel and tourism sectors in Malaysia.