16 On May 1, 2020, Becken Compary began the mamutarture of a new paging machine known as Actual production in May was 4.900 units of Slinsk, whid actial whes in May wore 2700 atandard costu for a unit af Sisek and other information loflow. purchased and used durng May, there was no begitining inveriacy dot malieits on May Click mete leari to vinw ine intormabon) 1,2070 Resd the emourtimons: 1a. Compute the standard cost per pound of direct materiath 16. Compide the standard hours per unit of direct manufacturing labor. (Round your answer to the nearest cent.) 1c. Compute the standard manufacturing ovechead cost expressed as a percentage of atandard direct manufacturing labor cost Standard manufacturing ovemead cost expressed as a percentage of standard direct manufacturing labor cost is 1d. Compute the standard cost per unt (paging machine). (Round your angwor to the nearent cent) The standard cost por unit of the paging machine is 2. Compute the standard direct manufacturing Labor-hours allowed for actual output produced. (Enter rales fo two decimal places: Round your final answer to the nearest whale nur Standard direct manuf, tabor-hours = allownd for actual output produced Compute each of the following items for Beckett Company for the month of May. Show your computations by first selecting the formula, then entering the amounts in the formula, and then solving for your answer. 1. (a) Standard cost per pound of direct materials, (b) Standard hours per unit of direct manufacturing labor, (c) Standard manufacturing overhead cost expressed as a percentage of standard direct manufacturing labor cost, (d) Standard cost per unit (paging machine) 2. Standard direct manufacturing labor-hours allowed for actual output produced 3. Actual direct manufacturing labor-hours worked 4. Actual direct manufacturing labor wage rate 5. Standard quantity of direct materials allowed (in pounds) Actual quantity of direct materials purchased and used (in pounds) Actual direct materials price per pound The standard costs for a unit of Sleek follow: Direct materials ( 2lb. at $ ? per Ib.) \begin{tabular}{lr} Direct manufacturing labor (? hour at $22 per hour) & 11.00 \\ Manufacturing overhead ( ?% of direct manufacturing labor costs) & 2.75 \\ \hline Standard cost per unit \end{tabular} The following data were obtained from Beckett's records for the month of May: \begin{tabular}{lcc} & Debit Credit \\ \hline Revenues & $148,500 \\ Direct materials price variance & 1,600 \\ Direct materials efficiency variance & 2,500 \\ Direct manufacturing labor price variance & 2,400 \\ Direct manufacturing labor efficiency variance & & 2,800 \end{tabular} Direct manufacturing labor efficiency variance