On May 1, 2008, Boyar Company began the manufacture of a new mechanical device known as "Dandy". The company installed a standard cost system in accounting for manufacturing costs. The standard costs for each unit of "Dandy" is as follows: Raw materials, 6 kilos at P1.00 per kilo Direct labor, 1 hour at P4.00 per hour Overhead, 75% of direct labor costs Standard Unit Cost P 6.00 4.00 3.00 P13.00 The following data were obtained from Boyar's records for the month of May 2008: Sales Purchases (26,000 kilos) Material price variance Material quantity variance Labor rate variance Labor efficiency variance Total manufacturing overhead variance Debit Credit P50,000 P27,300 1,300 1,000 760 800 500 The amount shown above for material price variance is applicable to raw material purchased during May. REQUIRED: Compute each of the following items for Boyar for the month of May 2008: 1. Standard quantity of raw materials allowed (in kilos). 2. Actual quantity of raw materials used (in kilos) 3. Standard hours allowed. 4. Actual hours worked. 5. Actual direct labor rate. 6. Actual total overhead.