61) Dozen Bakery makes cupcakes and cookies. Dozen gathered the following information for the current year regarding its use of flour and butter (four is a direct material for cupcakes and butter is a direct material for cookies) Flour (Direct Butter (Direc Materials Material Standard quantity per batch Standard price per pound of sugar Actual quantity purchased and used per Cupcakes 2 lbs $2.50/lb 3 lbs 4 lbs Actual price paid $5.50/lb $500 $300 U Quantity variance le budget variance $2,400 of units produced What is the standard direct material price per A) S725/lb. B) $6.00/Tb C) $5.50/lb D) $4.75/b MacBook 2 @ 3 5 6