On May 1, 2019, Goodman Co. began the manufacture of a new device known as X. Goodman installed a standard costing system in accounting for manufacturing costs of its product X. The standard costs for one unit of X are as follows: Raw materials: 6 lbs. @ $1 per lb.* . $6.00 Direct labor: 1 hour @ $4 per hour* . 4.00 Overhead: 75% of direct labor costs 3.00 * According to the standard: - One unit of X requires 6 pounds of raw materials, and the std. cost of raw materials is $1 per pound. - One unit of X requires 1 hour of direct labor, and the std. direct labor rate is $4 per hour. During May, 4,000 units of X were manufactured, and 2,500 units of X were sold. The following data were obtained from Goodmans records for the month of May: Sales $50,000, Purchases (26,000 pounds) $27,300 Material price variance (U) 1,300, Material quantity variance (U) 1,000 Direct labor rate variance (U) 760, Direct labor efficiency variance (F) 800 * U (Unfavorable variance): Actual costs > Standard costs. * F (Favorable variance): Actual costs < Standard costs. REQUIRED: (Show your detailed computations!) Compute each of the following items for Goodman for the month of May:

1. Standard quantity of raw materials allowed (in pounds).

2. Actual quantity of raw materials used (in pounds). (Hint: Raw materials purchased (AQp) and used (AQu) are different amounts.)

3. Actual unit price of raw materials purchased

4. Standard direct labor hours allowed.

5. Actual direct labor hours worked.

6. Actual direct labor rate.

7. Total labor variance.