3} Bailey lCorporation manufactures orange safety suits for road workers. The following information relates to the corporation's purchases and use of material for April; Material purchased 12,yards Material used in produch'on lyards Standard material allowed for suits produced l,8{l{lyards The company's materials price variance for April was $311301?! Favorable. Its materials quantity variance for April was $5,1Cl Favorable. What does the company use as a standard price per yard of material for its safety suits