Q$\mathrm{.}2$:$-$ On May $1,$ BayKaar Ltd began the manufacture of a new mechanical device known as

KaarAmad. The company installed standard cost system in accounting for manufacturing costs.

The standard costs for a unit of KaarAmad are:

Materials: $6$ lbs @ $$1$

DL: $1$ hour @ $$4$ per hour

FOH:$75\%$ of DL Cost

The following data were obtained;

Actual Production $=4,000$ units

Units Sold $=2,500$

Sales $=$$$50,000$

Purchases pounds$)=$$$27,300$

Materials Price Variance $=$$$1,300A$

Materials Quantity Variance $=$$$1,000A$

$DL$ rate variance $=$$$760A$

$DL$ efficiency variance $=800F$

FOH Total variance $500A$

Required:$-$

Standard Quantity Allowed

Actual materials used

Standard Hours allowed

Actual hours worked

Actual direct labour rate

Actual total factory overhead