SMP Company has the following operating data for the month just completed:

Direct materials purchased .............40,000 pounds

Direct materials used ...............38,000 pounds

Total cost of direct materials purchased .......$120,000

Standard price of direct materials .............$3.50 per pound

Direct materials usage variance—unfavorable ......$6,500

Required

Compute for SMP the following:

1. Purchase price per pound for direct materials.

2. Direct materials purchase-price variance.

3. Total standard quantity of direct materials allowed for units produced during the period.