The following production data were taken from the records of the finishing department for july: inventory in process, june 1, 30% completed 5,000 unitstransferred to finished goods during june 39,500 unitsending work in process during june 25%, completed 4,500 unitsdetermine the total equivalent units for conversion costs, assuming that the first-in, first-out method is used to cost inventories. assume that all direct materials are placed in process at the beginning of production.

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. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?