Assume the following The standard price per pound is $200 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 $13,500 U The company produced 13,000 units of finished goods during the period The actual price per pound of direct materials is closest to Multiple Choice $187. $2.17 $177 $2 27