Assume the following: - The actual price per pound is $2.25. - The standard quantity of pounds allowed per unit of finished goods is 4 pounds. - The actual quantity of materials purchased and used in production is 50,000 pounds. - The materials price variance is $12,500U. - The company produced 13,000 units of finished goods during the period. What is the standard price per pound for direct materials? Multiple Choice $2.20 $2.00 $2.10 $2.15