On May 1, 20e0, Baldy Compary began the manulsedre of a new phong machine known ms Actunl production in Moy win 4.700 unta of Blonk, and actual tales in Mry were 3,300 unth. The amount thown for fired muturals price viriance applies to metodein pughased and The standerd conts for a unit of Slook nnd ofier inflemuton sollow: veed durhg Mry. There was no begiming inveriery of materials on May 1, 2020 (Cick the icon to view the inflomation) Rised the 1a. Comqute the otardert cont per pound of droct matendi. 16. Compule thi atandard hours per unit of dired manitactuing labor. (Round your snwwe lo the neoreat cort) 1c. Compude the standard manufocturrg ovettesd cont expressed as a peroentsgs of otandend Erect marulacturng labor cont. Standard manulachurng cvertwaed cost exprestod at a percentige of standard drect marulactirng wbor cont is 1d. Compule the stardard cost per unit (paging madtine). (Round your anwwot to the newest cent) On Moy 1, 2080, Baliley Combiny bogan the manulacture of a now peging machine kniwn as Actum probuction in Mry was 4,700 units of fiock and achad anles in Moy were 3,300 unte. Sleok, The compary inatallod a atandars coofing aystom to account far manutacturng coets The enount thown tor firich materials price varlance appites bo melurials perchesed and The standard coels for a unit of Sleek and other informetion follow oesd during May. Tore wis no begirning ementory of makiarats on May 1, 2020. (Cick the ioon to view the informaton) 3. Compute the actuai diroct manufacturing iabor houn wortod. (Reund your annwor to the nesteat whole doliar) 4. Compute the sctual direct manufacturing tabor wage mete. (RRound your antwer to the nenrest cent.) 5. Compute the standard quantiy of direct materials allowed (in poinde). Actual quantity of DM unod (in lbs) 1 7. Compute the actual direct materials price per pound. (Round your answer to the nearest cent) Data table Requirements Compute each of the following items for Bailoy 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 ovorhead cost expressed as a percentage of standard direct manufacturing labor cost, (d) Standard cost por unit (paging machine) 2. Standard direct manufacturing labor-hours allowod for actual output producod 3. Actual direct manufacturing labor-hours worked 4. Actual direct manufacturing labor wage rate 5. Standard quantity of direct materials allowed (in pounds) 6. Actual quantity of diroct materials purchased and used (in pounds) 7. Actual direct materials price por pound