Problem $10-13($Static$)$ Basic Variance Analysis; the Impact of Variances on Unit Costs $[$LO$10-1,$ LO$10-2,[010-3]$

Koontz Company manufactures a number of products. The standards relating to one of these products are shown below, along with actual cost data for May.

$\backslash$table$[[$Direct materials:,$\backslash$table$[[$Standard Cost$],[$per Unit$]],\backslash$table$[[$Actual Cost$],[$per Unit$]]],[$Standard: $1\mathrm{.}80$ feet at $$3\mathrm{.}00$ per foot,$$5\mathrm{.}40,$$$5\mathrm{.}94$